PETALING JAYA: SapuraCrest Petroleum Bhd's board of directors has appointed RHB Investment Bank Bhd as its main adviser and Kenanga Investment Bank Bhd as its independent adviser for the proposed RM11.85bil merger of SapuraCrest and Kencana Petroleum Bhd, sources said.
“Goldman Sachs and Morgan Stanley are being considered as the foreign co-adviser for the deal, with the board to appoint either one of these banks,” they added.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!