Petronas studying Rosneft share offer


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will consider taking up shares in Russian oil company Rosneft's initial public offering (IPO), Petronas president and CEO Tan Sri Mohd Hassan Marican said. 

“We still have about 10 days left before (the) closing (of the IPO), but I can confirm that we have been invited. We will consider (taking it up),” he told reporters yesterday after the soft launch of Traders Hotel Kuala Lumpur. 

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