Gas Malaysia completes approvals but timing uncertain

02 Nov 2011

Gas Malaysia has received approval for a M$734.5m ($235m) listing, after one of its major shareholders held an extraordinary general meeting at the start of the week.

The company got approval from shareholders of MMC Corp — one of its three shareholders, alongside Petronas Gas and Tokyo Gas-Mitsui — after MMC’s own investors voted in favour of the plan on Monday. That was the last hurdle for the company, after it got approval from Bursa ...

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