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NewsPetra Perdana puts up 26.9% stake in Petra Energy up for tender
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Petra Perdana puts up 26.9% stake in Petra Energy up for tender
by hlk Thu 26 Apr 2012, 20:07
KUALA LUMPUR: Perdana Petroleum Bhd has put up its entire 26.9% block in Petra Perdana Bhd up for tender.
It said on Thursday it had appointed CIMB Investment Bank to undertake a restricted tender process for the proposed divestment of its 57.70 million shares.
Petra Energy closed seven sen higher at RM1.14. The 57.70 million shares are valued at RM65.77mil.
It said on Thursday it had appointed CIMB Investment Bank to undertake a restricted tender process for the proposed divestment of its 57.70 million shares.
Petra Energy closed seven sen higher at RM1.14. The 57.70 million shares are valued at RM65.77mil.
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