KUALA LUMPUR, April 26 (Bernama) — The State of Sabah, through its wholly-owned company SMJ Sdn Bhd (SMJSB), and PETRONAS Chemicals Group Berhad (PCG) have signed a Share Purchase Agreement (SPA) for the acquisition of 25% equity interest in PETRONAS Chemicals Fertiliser Sabah Sdn Bhd (PC FSSB) for a value of RM1.2 billion.
The agreement was signed by SMJSB Chief Executive Officer Dr. Dionysia Aloysius Kibat and PCG Managing Director and Chief Executive Officer, Ir. Mohd Yusri Mohamed Yusof.