DNeX’s unit to acquire remaining interest in Avalon Oilfield for RM71.72 mln

KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) will acquire the remaining 50 per cent interest in the development of Avalon Oilfield not owned by PING Petroleum UK Ltd (PING UK) for $17.0 million (RM71.72 million) in total. PING UK is a wholly owned subsidiary of PING Petroleum Ltd (PING), which in turn is a 90 per […]