Mixed reaction from oil and gas players


  • Business
  • Saturday, 08 Sep 2007

PETALING JAYA: Local oil and gas (O&G) industry players have mixed reactions to the Government's measures to encourage mergers and acquisitions (M&A) among the 1,000 Petronas-licensed vendors. 

Budget 2008 proposed to exempt stamp duty on all instruments relating to mergers of such vendors implemented by Dec 31, 2010. 

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