Terengganu govt mulls buying stake in Petronas


  • Energy Premium
  • Thursday, 12 Dec 2019

KUALA TERENGGANU: The Terengganu state government says it will consider buying a stake in Petroliam Nasional Bhd (Petronas) if it is for a reasonable amount of equity.

Mentri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar said the state government did not have the financial capacity to buy the entire shareholdings of the national oil company.

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