KUALA LUMPUR: Rating agency Moody's Investors Service has affirmed the Baa2 issuer rating of MISC Bhd and revised upwards the international energy shipping company's outlook to stable from negative.
Moody's said in a statement yesterday that the rating reflects its view that MISC remains a core investment for Petronas, as a majority-owned, integrated shipping service provider for the Malaysian oil company's liquefied natural gas (LNG) business.
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