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Misc (KUL:3816) |
Business Times - Malaysia
May 23
Comment
MISC Bhd posted a higher pre-tax profit of RM354.72 million for the first quarter ended March 31, 2013 compared with RM139.40 million in the same period last year.
Revenue rose 7.7 per cent to RM2.38 billion from RM2.21 billion previously.
In a...
Business Times - Malaysia
Apr 22
Comment
RHB Research raised MISC Bhd to 'buy' from 'neutral' after a revised US$3 billion bid by state oil and gas company Petroliam Nasional Bhd to take the shipping firm private fell through.
By the deadline on late April 19, Petronas had only managed...
Business Times - Malaysia
Apr 22
Comment
Shares in shipping firm MISC Bhd fell nearly 10 per cent on Monday after a revised US$3 billion privatization bid by state oil and gas company Petroliam Nasional Bhd (Petronas) fell through.
By the deadline on April 19, Petronas had only managed...
Business Times - Malaysia
Apr 19
Comment
Minority shareholders of nearly 14 per cent MISC voting shares rejected the offer, leaving Petronas with only 86.07 per cent voting shares, or 3.84 billion units, at the close of the
acceptance at 5pm.
This was just 3.93 per cent shy of the 90...
Business Times - Malaysia
Apr 12
Comment
The closing price was three sen off Petronas' revised offer of RM5.50 a share from RM5.30 previously to privatise its shipping arm.
The EPF acceptance raises Petronas' stake in MISC to 79.77 per cent from 70.27 per cent before the offer.
The...
Business Times - Malaysia
Apr 11
Comment
KUALA LUMPUR: The Employees Provident Fund (EPF) has accepted Petroliam Nasional Bhd's enhanced takeover offer for its stake in MISC Bhd for RM5.50 per share, MISC said in a statement yesterday.
This came three days after Business Times had...
Business Times - Malaysia
Apr 8
Comment
SIGNALS from the Employees Provident Fund (EPF) indicate that it will not reject Petroliam Nasional Bhd (Petronas)'s enhanced offer to privatise shipping arm MISC Bhd.
A banker close to the pension fund said EPF will accept the new offer...
Reuters
Apr 8
Comment
Malaysian shipping group MISC Bhd said a revised $3 billion offer from shareholder Petronas to buy out all remaining stock was not fair, because it was lower than the...
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