KUALA LUMPUR, Jan 16 — MISC Bhd’s share price on the Bursa Malaysia slipped after the company aborted the sale of its wholly owned subsidiary, MISC Integrated Logistics Sdn Bhd (MILS).

As at 10.33am, the counter lost 22 sen or 2.86 per cent to RM7.48 with 213,200 shares changing hands.

In a filing to Bursa Malaysia yesterday, MISC said the proposed disposal was terminated as the buyer, Golden Age Logistics Sdn Bhd, was not able to fulfill its obligations for completion as stipulated in the agreement for the sale and purchase of shares. — Bernama