KUALA LUMPUR: Petronas Dagangan, Petronas Gas and Petronas Chemicals shares were all in the red today following reports that Petroliam Nasional Bhd (Petronas) is withdrawing its appeal at the Court of Appeal over Sarawak’s sales tax dispute.
The Sarawak government and Petronas will settle their dispute over a RM2bil state sales tax (SST) out of court, with the latter expected to withdraw its appeal at the Court of Appeal.
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