KUALA LUMPUR (AFX-ASIA) – Renong Bhd said it has secured the Securities Commission’s approval for the proposed sale of its 29.222 million shares in Crest Petroleum Bhd or 38.56% stake, to Sapura Telecommunications Bhd for RM105.199 million or RM3.60 per share. (US$1=RM3.8). In a statement, Renong said the SC has also allowed the company to…
MALAYSIA: Renong wins SC approval for Crest stake sale to Sapura Telecoms
Posted on March 7, 2003 by EnergyAsia