Petronas is now reportedly considering selling a minority stake in Gentari Sdn Bhd, a company that focuses on sustainable energy. The funds and measures are expected to help in continuing to expand Gentari's company.
The minority stake is expected to be worth up to $500 million, and is still in the initial phase of internal discussions. Petronas is said to have received interest from infrastructure funds and other industry partners in this regard – however, there is a possibility that Petronas will not sell its stake in Gentari and continue operations as usual entirely.
Today, many know Gentari as an electric vehicle charging service provider, and has around 170 chargers across the country. Gentari's overall company value is said to be still at the discussion stage for now.