KUALA LUMPUR: Permodalan Nasional Bhd (PNB), which holds a 58.19% stake in UMW Holdings Bhd, is willing to support the company’s plans to consolidate its oil and gas (O&G) unit with other players within the industry if the need arises.
PNB group chief executive officer Datuk Abdul Rahman Ahmad (pic) said the consolidation might be an opportunity for UMW, as it could help the company withstand the challenges within the O&G industry.
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