Esso minority shareholders told to reject Petron offer


Don’t know about you, but didn’t Esso sell EMB because it wasn’t making that much money?

Dateline 2012-04-20:

Kenanga Investment Bank Bhd, which is the adviser for Esso Malaysia Bhd (EMB) minority shareholders, has advised them to reject the takeover offer by Petron Corp, an affiliate of Philippines-based San Miguel Corp (SMC) so that they may benefit from the positive prospects of the oil and gas industry in which EMB operates in.

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This entry was posted on Friday, May 4th, 2012 at 6:00 am and is filed under business opportunity, Malaysia. 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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