The non-binding offer of A$5.2 a share is at a 30.3% premium to the shareholder registry firm's last closing price and has the support of Perpetual Ltd, who owns 9.7% of the company.
KUALA LUMPUR: Reservoir Link Energy Bhd
's 60%-owned unit Reservoir Link Solutions Sdn Bhd has been awarded a contract for the provision of downhole mechanical heating equipment and services for production operations.
It said in a filing with Bursa Malaysia that the contract was given by PTTEP HK Offshore Limited, PTTEP Sabah Oil Limited and PTTEP Sarawak Oil Limited.
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