Categories for Uncategorized

SapuraCrest-Kencana Merger Goes Ahead

May 17, 2012 11:43 am Published by

SapuraCrest and Kencana Petroleum have carried out a merger plan through a joint listing on Malaysian bourse that has created a 10 billion ringgit ($3.2 billion) Malaysian outfit with sufficient bulk to compete with the world's top integrated oilfield services providers

SapuraKencana to list on May 17

May 3, 2012 11:44 am Published by

SapuraKencana Petroleum Bhd will list on May 17 with a reference price of 2.30 ringgit per share, paving the way for the country's biggest oil and gas services merger.

Pair Merge to join the world’s top layers

April 27, 2012 11:46 am Published by

SapuraCrest president Shahril Shamsuddin and Kencana Petroleum Chief executive Mokhzani Mahathir have been the poster-boys of Malaysia's contracting sector since the merger of two leading Malaysian offshore players was announce last year

SapuraCrest, Kencana merger on track

December 15, 2011 11:49 am Published by

The proposed merger between Kencana and SapuraCrest Petroleum Berhad is on track to being listed in the 1Q 2012 pending regulatory approvals, following the 99.8% approval vote by Kencana Petroleum Berhad’s shareholders.