From the Star – Gas Malaysia eyes Bursa listing this year


Wasn’t Gas Malaysia listed on the Bursa already? Or were they listed but taken private again?

Taken from the Star, dateline 2011-01-12:

KUALA LUMPUR: Gas Malaysia Sdn Bhd, a company that distributes natural gas to households and industries, is said to be eyeing a listing on Bursa Malaysia this year but that idea has not yet received the full backing of all of its shareholders.

It is learnt that the other shareholders are deciding on whether to green-light a listing but no decision has yet been made.

In a report by OSK Research, it said MMC Corp Bhd during the OSK Asean Corporate Day on Jan 6 in Singapore revealed that it hoped to list Gas Malaysia in 2011. MMC currently owns 41.8% of Gas Malaysia but controls it as a subsidiary.

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You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.

This entry was posted on Thursday, January 13th, 2011 at 6:02 am and is filed under engineering, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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