CREST Petroleum Bhd will appoint advisers in July to study the feasibility of it buying Sapura Energy
Sdn Bhd from Sapura Holdings Sdn Bhd, said Crest managing director Razman Ariffin.
On completion of the due diligence, the Crest board would decide whether to go ahead with the proposal, aimed at rationalising the Sapura group's oil and gas operations.
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