KUALA LUMPUR: The top management of 1Malaysia Development Berhad (1MDB) were behind the decision to propose an acquisition of Tanjong Energy Holdings Sdn Bhd (TEHSB) with a RM10.6bil bid, in consultation with Goldman Sachs, says Jasmine Loo Ai Swan.
The final decision was made by the full board of directors after being briefed by the management.
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