KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has denied speculation over a merger between its indirect unit Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) and Sapura Energy Bhd.
In a statement today, the national oil firm said any investment or divestment consideration within the Petronas group has always been and will continue to be strictly guided by a board-approved and management-enforced framework.
According to news reports earlier this month, a merger between debt-laden Sapura Energy and MHB could well be on the cards if preliminary discussions on the proposal bear fruit.
Quoting sources, the reports said the majority shareholders of Sapura Energy and MHB, namely Permodalan Nasional Bhd and Petronas respectively, are "mulling” merging the two oil and gas services providers but stressed the discussions are still at "an early stage”. - Bernama
Anwar has flexed its muscles. As long as bangxxng shahril still refused to apologise and settle court case, no way PM will help. Anwar tell u who is the boss.
"PNB is the single largest shareholder in Sapura Energy with a 40% stake, while MHB is a 65.5% subsidiary of MISC Bhd, which is in turn 51%-owned by Petronas."
Huang, remember we got Bon888 cutloss because he thought PNB only hold 0.16% SAP based on your shared link? GAGAGAGAGGAGAGA laugh die me
Operator very panlai....slowly tambah 4c........you could never finish makan one........ Makan habis habis 4c........jangan tak makan.........tambah, tambah lagi........
Their last QR already invoked the fury of bankers/creditor with their scorch Earth tactic with report of RM3.3 Billion losses..........still these promoters are asking for more bailouts.
The MO of this gang of scammers are they always target penny stocks PN17 and in distress, about to die and buried. They don't have money to target 2nd liners and higher priced stocks.....
Someone need to ensure that this fake Nah_tuk is taking his medication on time.
Despite being caught a fake and a liar, he is still posting PNB as largest shareholder. The Fact that they no long are already crossed ref with the few honest Medias, one of which is Bursa Marketplace.
Still trying to tell lies, to cover more lies......no change in shareholding List cannot provide current copy too???? LOL....my pet fish is laughing so hard on the floor...
PNB, Blackrock...all once a upon a time large shareholders already dumped on suiyee sucker bilis lured by longkang cat and fake Nah_tuk.......still trying to squeeze blood from stone????
Fake Nah-Tuk caught with pants down now doing blame on ASB...indirect culprit holding hot potatoes.......
Merger??? Depends what percentage of shares you get from" New Co."...Based on Asset, if SAP release All asset from impairment ( 10--11billion ) And MHB about 3 bil----About 3 to 1 in SAP favour----Most likely takes 9--15month to complete this Deal. Enough time to goreng to what Level "Big Fish has Lost their Money in the RM4 level--------------I donT think any one Here will be around Except me and some DIE-Hard
Old man again so Gan cheong? Still sideway isn’t it? Wahahahhaha I don’t know what excites you. Worst than premature ehaculation lo. At least that one got something happen. Old man nothing happen also hands in the air celebrwting
Public Invest Research Headlines - 29 May 2023 Source : PUBLIC BANK, Price Call : SELL, Price Target : 0.02 Last Price : 0.035, Upside/Downside : -0.015(42.86%)
I always find it amusing why our influential analyst are very fond of using TP as their valuation of a listed company. TP are figures pluck from the sky. Believe me, these analysts themselves are not able to justify how these figures are arrived at. Big data is where these analyst should be focusing on. TP is a primitive tool. We should not allow our mind to be HANDICAPPED but these primitive tools
Price Target Public Invest Research Headlines - 29 May 2023 Source : PUBLIC BANK, Price Call : SELL, Price Target : 0.02 Last Price : 0.035, Upside/Downside : -0.015(42.86%)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bon888
3,375 posts
Posted by Bon888 > 2023-05-29 12:13 |
Post removed.Why?