‘Surprise’ dividend in store for MISC shareholders


PETALING JAYA: MISC Bhd, an energy shipping as well as oil and gas services provider, may reward its shareholders with a “surprise” dividend for the financial year ending Dec 31, 2014, following an extraordinary gain from the recent sale of its 15.7% stake in port operator, NCB Holdings Bhd, for close to RM222mil in cash.

The Petroliam Nasional Bhd (Petronas) subsidiary has been disposing of its non-energy related businesses in a bid to become a leaner corporation focusing on energy-related operations.

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