PETALING JAYA: London-listed Salamander Energy Plc has received two buyout offers, one of which is from a private financial invesment firm owned by Malaysian businessman, Jho Low.
The possible buyout of Salamander has another Malaysian angle: it could jeopardise the proposed “qualifying acquisition” by locally-listed Sona Petroleum Bhd, the special-purpose acquisition company, or SPAC, that in June had inked a proposal to buy a 40% stake in Salamander’s oil concession in the Gulf of Thailand.
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