Ex-PDZ chairman Tan proposes to buy O&G Efogen


Robert Tan

PETALING JAYA: Shipping firm PDZ Holdings Bhd’s major shareholder and former chairman, Tan Sri Robert Tan Hua Choon (pic), is in discussions to acquire a 100% stake in Efogen Sdn Bhd, a bumiputra oil and gas (O&G) company providing integrated upstream O&G services and solutions, according to sources.

PDZ has put in a proposal to acquire Efogen in a straightforward cash deal, according to the sources.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Business , PDZ , Efogen , oil and gas

Next In Business News

Empowering Sabah's talent
Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year

Others Also Read