Dialog unit proposes RM170mil purchase of Pan Orient Energy

KUALA LUMPUR: Dialog Group Bhd's wholly-owned Singapore subsidiary Dialog Systems (Asia) Pte Ltd has entered into a conditional agreement with Pan Orient Energy Corp to acquire its entire equity interest for US$38.7mil (about RM170mil) cash.

According to a filing with Bursa Malaysia, Pan Orient Energy is an Alberta, Canada-incorporated corporation listed on the TSX Venture Exchange.

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Dialog , Pan Orient Energy , oil and gas , acquisition , TSX Venture Exchange

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