PRINT: 29 FEBRUARY 2012 | PAGE 18 | FORMER HARRODS OWNER CIRCLES RAISAMA The Al-Fayed name is typically associated with upmarket UK department store Harrods, but there could soon be a link to Australian-listed oil and gas junior Raisama Limited. Street Talk understands that one of Mohammed Al-Fayed’s oil and gas vehicles has put a proposal to Raisama to buy its Cadlao oil project in the Philippines’ north-western Palawan Basin for $45 million. http://afr.com/tags?tag=C_RAISAMA%20LIMITED-RAI
RAI Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held