Shahul says Reach Energy is also eyeing business
KUALA LUMPUR: Newly-listed Reach Energy Bhd
may seek its qualifying acquisition (QA) in Australia or Papua New Guinea due to the more liberal fiscal regime in these locations.
Managing director Shahul Hamid Mohd Ismail hinted the special-purpose acquisition company (SPAC) was looking at oil and gas (O&G) assets and companies in the Oceania.
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!
