Group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir (pic) said the upswing in Brent oil prices to above US$70 (RM290) per barrel level augurs well for its energy segment.
KUALA LUMPUR: Dagang Nexchange Bhd
(DNeX) has completed the acquisition of an additional 60% stake in Ping Petroleum Ltd, raising its holdings to 90%.
This makes Ping, an upstream oil and gas (O&G) company, a subsidiary of DNeX Energy Sdn Bhd, a wholly owned subsidiary of DNeX.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
