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MISC hit by Petronas stake sale

Shares in MISC plunged in knee-jerk reaction to Petronas’ move to pare its stake in the shipping line, a sign of how deeply the market still connects the well-being of the former to support from the latter

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Petronas still holds sway over MISC’s stock market performance, even after the shipping line’s efforts at diversifying beyond its home ground

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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