Petronas Dagangan and PETROS complete business transfer, operationalise Sarawak LPG business


Dateline 2022-05-05, The Edge:

Petronas Dagangan Bhd (PDB) and Petroleum Sarawak Bhd (PETROS) on Thursday (May 5) announced the completion of the business transfer and share subscription agreement for PETROSNiaga Sdn Bhd.

This conclusion marks the operationalisation of the partnership for the liquefied petroleum gas (LPG) business in Sarawak.

In a joint statement, the companies said that starting Thursday, all (green) Gas Petronas gas-filled cylinders are PETROS’ (red) as marketed by PETROSNiaga and all existing Petronas LPG dealers are now PETROS LPG dealers.

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This entry was posted on Tuesday, June 14th, 2022 at 3:33 pm and is filed under investment, 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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