UMW Oil & Gas Corp gets Bursa’s nod to list


From the Star, dateline 2013-07-30:

UMW Oil & Gas Corporation Bhd has received Bursa Malaysia Securities‘ approval to list on the Main Market.

Its joint-principal advisers Maybank Investment Bank Bhd and CIMB Investment Bank Bhd said in a joint statement on TuesdayBursa Securities had, vide its letter dated July 29, approved the listing.

The listing exercise involved the 2.162 billion shares of UMW-O&G at 50 sen each.

Reports speculated the offer price to RM3 per share, raising up to RM3bil for the conglomerate.

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This entry was posted on Thursday, September 19th, 2013 at 6:00 am and is filed under investment, 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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