Petronas says no talks on Sapura purchase


PETALING JAYA: Petroliam Nasional Bhd (Petronas) has categorically denied stories and speculations on purported “talks with the federal government on a proposal to take a major stake” in Sapura Power Bhd,

“The group has at all times been and would proceed to be strictly guided by a longtime framework for any funding or divestment consideration,” it mentioned in an announcement yesterday.

The nationwide oil and fuel (O&G) firm careworn that it stays dedicated to working carefully with O&G, companies and gear gamers, leveraging their experience and functionality as actions improve in keeping with the trade’s restoration from the affect of Covid-19.

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