KUALA LUMPUR: Petronas today denied a media report that it was interested in buying a controlling stake in South Korea's Daewoo Engineering & Construction Co.
Petronas and Aramco are among potential suitors for a 50.75 per cent stake in Daewoo E&C, a deal that could fetch around 2 trillion won ($1.78 billion), South Korea's Maeil Business Newspaper said on Friday.
"Petronas has no intention of entering into such business transaction and wishes to categorically deny the report," a company spokesperson told Reuters in an emailed statement. - Reuters
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南洋 - 凭单专栏/温世麟
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Stock Pick Contest Year 2024
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Indexstockpedia
Malaysia Property Market Outlook and Top Small Cap Picks Edition
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save malaysia!
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CS Tan
4.9 / 5.0
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....
Jeffreyteck
Should take media to court for spreading the untruth.
2017-09-03 08:27