Next 24 hours will determine who runs Petronas

PETALING JAYA: The next 24 hours will be crucial for the country’s largest and richest company, Petroliam Nasional Bhd (Petronas), as a decision will be made during this time as to who gets to helm the company.

While it had been widely reported recently that the oil giant’s current president and chief executive officer, Tan Sri Shamsul Azhar Abbas, will be offered only a 7-month contract extension, nothing has been firmed up yet considering that there is no statement from Petronas at the time of writing.