MISC shares dip on takeover failure

KUALA LUMPUR: MISC Bhd’s shares fell sharply today after national oil company Petronas failed in its attempt to privatise the shipping company. At 11 am, MISC’s share price dipped 53 sen, or 10 per cent, to RM4.77 after opening at RM4.80, 50 sen lower than Friday’s close. RHB Research in a note Monday said Petronas … Continue reading MISC shares dip on takeover failure