KUALA LUMPUR (March 28): Malaysia is among the hotbeds for upstream mergers and acquisitions (M&A) in Southeast Asia over the next two years, according to Oslo-based Rystad Energy.
In a statement on Monday (March 27), the firm said the bulk of these US$5 billion (RM22 billion) opportunities in Southeast Asia are in Indonesia, where upwards of US$2 billion of assets are on the market, followed by Malaysia and Vietnam which have approximately US$1.4 billion and US$1 billion for sale respectively.