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Ringgit decline won’t rattle major M’sian firms, says S&PStandard_and_Poor_logo_1.jpg

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The weakening ringgit by itself will have limited impact on the cash flow adequacy and operating performance of Petroliam Nasional Bhd (Petronas), Tenaga Nasional Bhd, Sime Darby Bhd and Genting Bhd, Standard & Poor’s Ratings Services (S&P) said in a report, citing sound liquidity and their generally conservative financial policies. The four...

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