A Petronas tanker truck drives on a road in Kuala Lumpur. - Reuters
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has raised about RM6bil (US$1.4bil) by cutting its stakes in three listed units, people with knowledge of the matter said.
Malaysia’s state oil company reduced its holdings in retail subsidiary Petronas Dagangan Bhd., natural gas transporter Petronas Gas Bhd. and shipping company MISC Bhd., according to the sources.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
