Foreign shareholding limit poser for Edra Energy sale


AS the race towards the sale of Edra Global Energy Bhd picks up, it is still not known if the transaction would be the first to see foreign shareholders owning more than 50% stake in power plants.

Of the four bidders that have been reported to be interested in Edra Energy, three are foreign names, with Tenaga Nasional Bhd being the sole party from the domestic market being interested.

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Business , 1MDB , Edra Global

   

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