Signs are emerging that the shares of Malaysian companies involved in the oil and gas sector could be headed for consolidation after several months of a sharp-run. The September announcement by then Prime Minister and Finance Minister Mahathir Mohamad to allow a consortium of local companies to develop marginal oil fields in Malaysia set off…
MALAYSIA: Investors could be hurt by growing bubble for ‘Second Liners’ on consortium speculatio
Posted on December 3, 2003 by EnergyAsia