Ranhill's utility businesses to anchor Symphony


Ranhill Energy will get to list on Bursa Malaysia finally via a back door listing.

RANHILL Group, whose oil and gas business contributed to its failed listing last year, will now be going to the market without that unit.

Ranhill’s planned reverse takeover (RTO) of Symphony House Bhd will have its water and power businesses that include a valuable water concession in Johor and operation of two power plants in Sabah.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Corporate News , Ranhill , RTO

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Shedding light on power sector prospects
Reaping the Max from streaming
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
EQ expands to Thailand
Capitalising on future trade tariffs

Others Also Read