Three Gas M’sia shareholders to receive RM734mil


Dateline 2012-05-18:

The three major shareholders of Gas Malaysia Bhd will receive a total of RM734mil from the sale of their shares in the former’s impending initial public offering (IPO).

Gas Malaysia’s IPO will entail only an offer of sale of 333.8 million shares at RM2.20 a piece.

The three main owners of Gas Malaysia stock are MMC-Shapadu (Holdings) Sdn Bhd (55%), Tokyo Gas-Mitsui & Co Holdings Sdn Bhd (25%) and Petronas Gas Bhd (20%). The three will rake in RM403mil, RM183.6mil and RM146.8mil respectively from the sale of Gas Malaysia shares.

…

This entry was posted on Friday, June 15th, 2012 at 6:00 am and is filed under business opportunity, 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.

Leave a comment