Reach Energy Bhd MD Shahul Hamid Mohd Ismail
IN a monumental move, government-linked investment companies (GLICs) Lembaga Tabung Haji (LTH), Koperasi Permodalan Felda Malaysia Bhd and Pelaburan Mara Bhd have taken stakes in special purpose acquisition company (Spac) Reach Energy Bhd
, which is slated to be listed sometime in August.
LTH will in fact be a cornerstone investor.
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