Wah Seong (5142) succeeds in bid for Perdana Petroleum's Petra Energy (5133) stake
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Wah Seong (5142) succeeds in bid for Perdana Petroleum's Petra Energy (5133) stake
KUALA LUMPUR: Perdana Petroleum Bhd has picked Wah Seong Corporation Bhd's unit as the successful bidder for the 26.9% stake in Petra Energy Bhd.
Perdana Petroleum said on Thursday the board had selected Wasco Energy Ltd as the successful bidder for the 57.70 million sale shares.
Based on Thursday's closing price of RM1.47, the stake could be worth RM84.82mil.
CIMB Investment Bank Bhd was appointed by Petra Perdana to undertake a restricted tender process for the proposed divestment of the latter's entire stake in Petra Energy.
Perdana Petroleum said on Thursday the board had selected Wasco Energy Ltd as the successful bidder for the 57.70 million sale shares.
Based on Thursday's closing price of RM1.47, the stake could be worth RM84.82mil.
CIMB Investment Bank Bhd was appointed by Petra Perdana to undertake a restricted tender process for the proposed divestment of the latter's entire stake in Petra Energy.
Last edited by hlk on Sat 30 Jun 2012, 10:11; edited 1 time in total
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Re: Wah Seong (5142) succeeds in bid for Perdana Petroleum's Petra Energy (5133) stake
PERDANA 7108
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note: nothing to look at , when there is bullish buy only can take a note of any of these 3
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note: nothing to look at , when there is bullish buy only can take a note of any of these 3
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
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