KUALA LUMPUR: The moratorium imposed on the shares held by Sona Petroleum Bhd’s promoters is the strictest so far among Malaysia’s special purpose acquisition companies (SPAC).
"We think it raises the level of expectation for SPACs and sets a benchmark for the future," he said in reply to a question from StarBiz.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
