American Eagle purchase to boost MISC earnings


  • Business
  • Thursday, 01 May 2003

MALAYSIA International Shipping Corp Bhd (MISC) is confident its acquisition of pure crude oil tanker operator American Eagle Tankers Inc Ltd (AET) will boost its future earnings as well as expand its global presence. 

AET would help MISC move beyond the Arabian Gulf-Far East region into Europe and the United States, its managing director and chief executive officer Datuk Mohd Ali Yasin said at a media briefing in Kuala Lumpur yesterday. 

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