PetDag to sell Sarawak LPG business to Petros unit in cash, share subscription deal

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) said it plans to sell its liquefied petroleum gas (LPG) business to PetrosNiaga Sdn Bhd (PNiaga) and subscribe to a 49 per cent stake in PNiaga as part of a business transfer and share subscription agreement (BTSSA) with PNiaga and Petroleum Sarawak Bhd (PETROS).

PNiaga is a wholly-owned subsidiary of PETROS.

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Monthly Plan

RM 13.90/month

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Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Petronas Dagangan , PetDag , PNiaga , PETROS , LNG , Oil and gas

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