Salamander gets 2 other offers, including from Jho Low’s Jynwel


PETALING JAYA: London-listed Salamander Energy Plc has received two buyout offers, one of which is from a private financial invesment firm owned by Malaysian businessman, Jho Low.

The possible buyout of Salamander has another Malaysian angle: it could jeopardise the proposed “qualifying acquisition” by locally-listed Sona Petroleum Bhd, the special-purpose acquisition company, or SPAC, that in June had inked a proposal to buy a 40% stake in Salamander’s oil concession in the Gulf of Thailand.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Salamander London

Next In Business News

AI or bust
Bubble fears as valuations stretch
Naturally made for families
Traders turn to exotic hedges
Bursa sees upside despite a rocky ride
BANK’S PICKLEBALL CHAMPIONSHIP PROMISES WHOLESOME EXPERIENCE
Hektar REIT proposes RM125mil deal to acquire, lease international school
Zetrix AI, Shenzhen data exchange plan to develop Asean-China data trading platform
LSH reports stronger 1HFY26 results on robust construction activity
SCIB completes RM113mil disposal to focus on construction, EPCC business

Others Also Read