PETALING JAYA: In a surprising move, Tan Sri Shamsul Azhar Abbas, the president and chief executive officer of Petroliam Nasional Bhd (Petronas) is being offered a seven-month extension to his contract, according to sources. Previous media speculation had reported that Shamsul would be offered at least a one-year extension when his contract ends this Sunday.
It is not clear why he is being offered only a seven-month extension but sources said that the Government would make an announcement soon on Shamsul’s successor.
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