RHB Investment is main adviser for SapuraCrest–Kencana merger


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.

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