PDZ Holdings Berhad confirmed news reports that it was holding preliminary talks with some parties to explore potential business dealings.
In a statement to Bursa Malaysia today, the company said: “We confirm that the major shareholder has held preliminary talks with some parties to explore potential business dealing, but we have not, at this present time, deliberated the matter at board level as negotiations are still preliminary.”
The Edge Weekly said that the company is currently in talks with a China-based oil and gas player as well as a contractor with Petroliam Nasional Bhd for an asset acquisition exercise.
At market close today, PDZ was the most actively traded counter. It ended at an unchanged share price of 12 sen, with 191.7 million shares traded.
In a statement to Bursa Malaysia today, the company said: “We confirm that the major shareholder has held preliminary talks with some parties to explore potential business dealing, but we have not, at this present time, deliberated the matter at board level as negotiations are still preliminary.”
The Edge Weekly said that the company is currently in talks with a China-based oil and gas player as well as a contractor with Petroliam Nasional Bhd for an asset acquisition exercise.
At market close today, PDZ was the most actively traded counter. It ended at an unchanged share price of 12 sen, with 191.7 million shares traded.
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