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Tanjong Energy acquisition decided by 1MDB management

KUALA LUMPUR: The High Court was told that the proposal of 1Malaysia Development Bhd (1MDB) for the acquisition of Tanjong Energy Holdings Sdn Bhd (TEHSB) at a bid price of RM10.6bil was the decision of the top management of 1MDB, in consultation with Goldman Sachs.

RM10 6bil bid to acquire Tanjong Energy decision of top 1MDB management, Jasmine Loo tells court

KUALA LUMPUR: The top management of 1Malaysia Development Berhad (1MDB) were behind the decision to propose an acquisition of Tanjong Energy Holdings Sdn Bhd (TEHSB) with a RM10.6bil bid, in consultation with Goldman Sachs, says Jasmine Loo Ai Swan.

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