KUALA LUMPUR: Malaysian national oil company, Petroliam Nasional Bhd (Petronas) is among the region’s top 10 cash holders, which collectively held US$532 billion (US$1-RM4.54) or 40 per cent of the total Asian cash balance at end-2022.
Petronas has been accorded A2 rating with a stable outlook, according to Moody’s Investors Service.
