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Straits Energy to tighten grip on US-listed TMD Energy with 96pct voting control

KUALA LUMPUR: Straits Energy Resources Bhd is seeking to tighten its grip on US-listed subsidiary TMD Energy Ltd, with a proposed dual-class share structure set to raise its voting power to nearly 100 per cent.

Straits Energy to tighten grip on US-listed TMD Energy with 96pct voting control

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Read the original at nst.com.my →

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