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MISC erases gains after rising on oil storage JV stake salemisc-bhd-logo.jpg

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MISC Bhd erased gains after rising as much as 18 sen or 2.3% on news that the company is selling its 50% stake in VTTI B.V. to Vitol Investment Partnership Ltd for US$830 million (RM3.53 billion). Vitol holds the remaining 50% VTTI stake. At 10.19am, MISC was traded at RM7.98 with 279,700 shares changing hands. The share price gave MISC a...

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