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MISC sells stake in Langsat tank terminals in Johor for RM193m

MISC sells stake in Langsat tank terminals in Johor for RM193m

KUALA LUMPUR (Sept 25): MISC Bhd plans to dispose of its 45% equity interest in Centralised Terminals Sdn Bhd (CTSB) to Dialog Group Bhd for RM193 million.

CTSB owns an 80% stake in Langsat Terminal (One) Sdn Bhd and Langsat Terminal (Two) Sdn Bhd, which are centralised tankage and tank terminal facilities serving the oil, gas and petrochemical industry in Johor.

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