BRIEF-Saudi Aramco And Petronas Announce Transfer Of Full Ownership Of PRefChem To Petronas

Saudi ​Arabian ​Oil Co: * ‌SAUDI ARAMCO - ​ARAMCO AND PETRONAS ANNOUNCE ‌TRANSFER OF FULL OWNERSHIP OF PREFCHEM TO PETRONAS

* SAUDI ARAMCO - ‌PETRONAS ASSUMES FULL OWNERSHIP ‌OF PREFCHEM FOLLOWING TRANSFER OF ARAMCO'S EQUITY STAKES * SAUDI ARAMCO - ⁠ARAMCO ​AND ⁠PETRONAS TO CONTINUE EXPLORING STRATEGIC COOPERATION ⁠FOLLOWING TRANSFER

* SAUDI ARAMCO - ​TRANSACTION WAS CONCLUDED ON MUTUALLY AGREED ⁠TERMS * SAUDI ARAMCO - ARAMCO ⁠AND ​PETRONAS WILL ACTIVELY EXPLORE COMMERCIAL ARRANGEMENTS FOLLOWING TRANSFER

* ⁠SAUDI ARAMCO - TRANSFER WILL MAKE ⁠PREFCHEM ⁠A WHOLLY OWNED AND OPERATED SUBSIDIARY OF ‌PETRONAS ‌GROUP Source text: Further company ​coverage: