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Dialog gets shareholders’ nod for Pengerang projects


Ngau (right): ‘We will continue to invest for the long term.’

Ngau (right): ‘We will continue to invest for the long term.’

KUALA LUMPUR: Dialog Group Bhd has obtained shareholders’ approval to proceed with its plan to invest in two new oil and gas projects in Pengerang, Johor, which are expected to provide long-term recurring income once operational.

The new investment is expected to cost RM2.65bil, to be raised via a combination of internal funds, bank borrowings and conversion of existing warrants.

Dialog Group Bhd

   

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