Petronas places out stakes in three companies


Petronas stated that it would still retain its controlling stake in the three companies which will continue to be Petronas’ subsidiaries.

KUALA LUMPUR: Petroliam Nasional Bhd has disposed of some stakes in three of its related companies to Malaysia institutional funds.

The national oil company said on Monday it had disposed of some shares in MISC Bhd, Petronas Dagangan Bhd and Petronas Gas Bhd.

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