Acquisition of down-stream oil business of Exxon Mobil in Malaysia

abarrelfullabarrelfull wrote on 02 Apr 2012 10:39
Tags: asia deals exxon malaysia petron refinery

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Further to our previous disclosures relating to the above-captioned subject, we advise that
Petron Oil & Gas International Sdn Bhd, a subsidiary of the Company, has completed the
acquisition of 65% of Esso Malaysia Berhad “EMB”, a publicly-listed company in Malaysia, 100% of ExxonMobil Malaysia Sdn Bhd, and 100% of ExxonMobil Borneo Sdn Bhd, for an aggregate purchase price of US$577.3 Million.

The acquisition includes the Esso Port Dickson Refinery

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