KUALA LUMPUR: There could be lengthy negotiations ahead as Hibiscus Petroleum Bhd
and the Sabah state government attempt to resolve the impasse over the payment of Sales and Service Tax (SST) in the state.
According to Hong Leong Investment Bank (HLIB) research analyst Jeremie Yap, who attended a briefing conducted by Hibiscus, the oil producer seems unwilling to budge on the issue.
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