Malaysian O&G Sector Looking At 2013 Acquisitions Of Between RM10 Billion To RM15 Billion


Dateline 2013-05-14 from Bernama:

Malaysia’s oil and gas sector is expected to attract between RM10 billion to RM15 billion in acquisitions this year based on market trend and capital expenditure budgets.

Deloitte Southeast Asia Mergers & Acquisitions (M&A) Tax Leader and the Energy & Resources Leader for Singapore, Steven Yap said growth in the oil and gas sector in Malaysia will also be driven by investments for the replacement of existing resources for expansion.

He said more companies will be pursuing M&A activities in Malaysia, following the global trend where companies are seeking the obvious benefits of access to capital and improved profitability, alongside the sharing of technology and risk.

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This entry was posted on Thursday, May 23rd, 2013 at 6:00 am and is filed under 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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