ADVERTISEMENT

Sarawak govt ups stake in Malaysia LNG Tiga to 25%


Sarawak State Financial Secretary Datuk Seri Ahmad Tarmizi Sulaiman and Shell Malaysia chairman Datuk Iain Lo shaking hands after they signed the sales and purchase agreement.

Sarawak State Financial Secretary Datuk Seri Ahmad Tarmizi Sulaiman and Shell Malaysia chairman Datuk Iain Lo shaking hands after they signed the sales and purchase agreement.

KUCHING: The Sarawak government has, via its investment arm Sarawak State Financial Secretary (SFS), bought another 15% stake in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga), increasing its shareholding to 25%.

The stake was bought from Shell Gas Holdings (Malaysia) Ltd, a subsidiary of Royal Dutch Shell plc.

Corporate News , Oil & Gas

   

ADVERTISEMENT