Thumbs up for CLIQ’s Kazakhstan oil field acquisition


KUALA LUMPUR: CLIQ Energy Bhd’s proposed acquisition of a 51% stake in a special purpose vehicle (SPV) in Kazakhstan for US$117.3mil (RM426.5mil) is “fair and reasonable”, according to the independent valuation expert appointed for the purchase.


Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Bursa Malaysia joins global WIW campaign to combat financial fraud, investment scams
Jorgen Rostrup to resign as CelcomDigi's deputy chairman from Oct 1
MRCB Land announces RM384mil GDV residential project in Kwasa Damansara City Centre
Ringgit ends higher on improving domestic demand
Bursa reprimands, fines Serba Dinamik MD/CEO RM15,000
ASM 3 declares income distribution of 4.5c/unit
UEM Sunrise completes RM350mil Islamic medium-term notes issuance
MAHB appoints Gordon Andrew Stewart as COO
Broad-based selling drags Bursa Malaysia to end at day's low
IHH group CFO to be on garden leave from Sept 30, 2023

Others Also Read