New party eyes PDZ Holdings

PETALING JAYA: PDZ Holdings Bhd, the container shipper that tycoon Tan Sri Robert Tan Hua Choon sold to Pelaburan Mara Bhd (PMB), could see the emergence of another major shareholder looking to use it as a listed oil and gas (O&G) vehicle, the same rationale PMB had used when buying into it.

“A few parties have approached PMB with the view of taking up a block of shares (in PDZ). It could mean that PMB and this other party may jointly own PDZ, with both using this company as their O&G vehicle,” a source said.