BY outbidding other contenders for a substantial stake in Petra Energy Bhd
, pipe-coating specialist Wah Seong Corp Bhd is set to emerge as the second-largest shareholder in the integrated oil and gas (O&G) brown field services provider once the deal is finalised.
This will likely see Wah Seong strengthening its position as a major player in the O&G sector that is set to boom under Malaysia's Economic Transformation Programme (ETP).
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