Tuesday, 16 December 2025

DNeX takes additional 60 pct stake in Ping Petroleum for $78 mln

KUALA LUMPUR: Dagang NeXchange Bhd’s (DNeX) wholly-owned subsidiary, DNeX Energy Sdn Bhd has acquired an additional 60 per cent stake in Ping Petroleum Ltd valued at $78.0 million ($1=RM4.15), expanding its holdings to 90 per cent. Ping is an upstream oil and gas (O&G) company with a balanced portfolio of producing and developing O&G assets […]