News Formal

1MDB's acquisition proposal for Tanjong Energy Holdings made by top management, not Najib Razak

  • 📰 staronline
  • ⏱ Reading Time:
  • 7 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 75%

Legal News

1MDB,Tanjong Energy Holdings,Acquisition

The High Court was told that the proposal of 1MDB for the acquisition of Tanjong Energy Holdings at a bid price of RM10.6bil was the decision of the top management of 1MDB, in consultation with Goldman Sachs. Former prime minister Najib Razak did not give any directives pertaining to the proposal or the final decisions.

The High Court was told that the proposal of 1MDB for the acquisition of Tanjong Energy Holdings at a bid price of RM10.6bil was the decision of the top management of 1MDB, in consultation with Goldman Sachs.

Former prime minister Najib Razak did not give any directives pertaining to the proposal or the final decisions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sime Darby Berhad completes full acquisition of UMW HoldingsPETALING JAYA: Sime Darby Berhad announced today that it has successfully completed its acquisition of UMW Holdings Berhad (UMW), achieving 100% stake...
Source: theSundaily - 🏆 25. / 51 Read more »