PDZ aborts plan to buy 20% stake in Efogen

PETALING JAYA: PDZ Holdings Bhd has cancelled its plan to purchase a 20% stake in Efogen Sdn Bhd.

The company had said the proposed acquisition was its first step towards its plan to grow its present core business in the container liner, shipping and shipping management services business into providing offshore supply vessel services to the oil and gas (O&G) industry.

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Business , PDZ holdings Bhd , 6254 , Efogen , cancel plans

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