Potential general offer for Perdana Petroleum by Dayang

KUALA LUMPUR: CIMB Equities Research has advised investors to accumulate shares of Perdana Petroleum on the possibility of a general offer (GO) by  its major shareholder Dayang Enterprise.

It said on Friday that armed with a fresh war chest, cash-rich Dayang raised its stake in Perdana to 29.9% last week, raising the possibility of a GO.