Sona gets SC approval, faces task to secure Salamander Energy asset


PETALING JAYA: Sona Petroleum Bhd may have received approval from the Securities Commission (SC) but it faces a testing time to secure the asset it is eyeing which is owned by UK-listed Salamander Energy Plc.

Sona finally announced that it got the SC approval for the acquisition of a 40% stake in UK-listed Salamander Energy Plc’s Thai unit Salamander Energy (Bualuang Holdings) Ltd (SEBG) for US$281.2mil (RM912mil),

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Business , Sona , Ophir , Salamander

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