PETALING JAYA: While commentators have been quick to question Petroliam Nasional Bhd's (Petronas) plan to take private its 62.7%-owned subsidiary MISC Bhd, industry experts have pointed out that the exercise may largely be driven by the turbulent times being faced by MISC's petroleum tanker business.
This segment of MISC's business is parked under its wholly owned unit AET Tanker Holdings Sdn Bhd (formerly known as American Eagle Tankers Ltd).
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