Singapore-based Temasek Holdings Pte has appointed former Petroliam Nasional Bhd chief executive officer Tan Sri Hassan Marican as chairman of its new energy unit, Pavilion Energy Pte Ltd.
Bloomberg reported that Pavilion Energy, which has an initial authorised capital of S$1bil (RM2.5bil), would be operational in September and was set up to tap growing demand in Asia while focusing on liquefied natural gas (LNG).