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Petronas owned 64.35% , EPF owed 11.6%, open market shares is about 25% only, shares price already drop like he'll. The CEO really need to take the responsibility.
KUALA LUMPUR (Dec 15): Petronas Chemicals Group Bhd (PetChem), which is 64.35%-owned by Petroliam Nasional Bhd (Petronas), has named Mazuin Ismail as its new managing director and chief executive officer, effective from Jan 1, 2024.