PETALING JAYA: MISC Bhd
is likely to include US$400mil (RM1.3bil) one-off cost to its income statement and incur losses in the current financial year ending Dec 31 as a result of its decision to exit the liner or container shipping operations.
MISC said the amount of the one-off cost would be subject to market conditions during the exit process and the company's successful execution of its exit plans.
