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Petronas Lubricants CEO Not Ruling Out IPO in Growth Drive

Posted by April 12, 2016

Petronas Lubricants International, the wholly owned subsidiary of Malaysia's oil giant Petronas, does not rule out a stock market listing further down the line as it targets growth in mature as well as emerging markets, its CEO said.
 
"We don't see (a listing) short term but we do not exclude it in the future," Giuseppe D'Arrigo told Reuters in an interview.
 
(Reporting by Giancarlo Navach and Stephen Jewkes)
 
 

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