PETALING JAYA: The ongoing buyout of shipping giant MISC Bhd
pits its owner, the national oil corporation, against the country's largest pension fund, setting the stage for what could be an interesting face-off in corporate Malaysia.
On Friday, Tan Sri Azlan Zainol, the chief executive officer of the Employees Provident Fund (EPF), said that it was seeking a better price than the RM5.30 a share Petroliam Nasional Bhd (Petronas) had offered for MISC.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
