MISC to purchase 6 vessels for US$726mil


KUALA LUMPUR: MISC Bhd will purchase six newbuild 98,000-cubic metre Very Large Ethane Carriers for US$726 million.

In a filing with Bursa Malaysia, MISC said for the transaction, it has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochemical Co Ltd.

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