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<description>MISC Bhd</description>
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<item><link>http://www.alacrastore.com/storecontent/bir/1199340</link><guid isPermaLink="false">bir/1199340</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>MISC Bhd.</title><bir:company xmlns:bir="http://www.alacra.com/bir">MISC Bhd.</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">Malaysia</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Transportation: Ship-owning, ship-operating and other activities related to shipping services. Subsidiary companies are engaged in the following activities: investment holding and provision of management services; shipping; ship management; operation of s</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">4412</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4213</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4214</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4225</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4424</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4449</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4491</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">4731</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">6719</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">8741</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">483111</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">483113</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">483211</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">484110</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">484121</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">488320</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">488510</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">493110</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">551112</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">561110</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">10</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">H</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">K</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir"></bir:ticker><pubDate>8/28/2008 6:14:43 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">1199340</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_148131_600061053</link><guid isPermaLink="false">moodys/PR_148131_600061053</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>1/24/2008 12:29:29 AM</pubDate><title>Moody's affirms MISC's A2 ratings; outlook stable</title><description>Global Credit Research Announcement ## JAN ####   Announcement: MISC Berhad Moody's affirms MISC's A# ratings; outlook stable Approximately US$ #.# billion debt securities affected Hong Kong, January ##, #### -- Moody's Investors Service...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">MISC Berhad</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600061053</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">MISC Berhad</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_148131_600061053</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/627079</link><guid isPermaLink="false">spcred/627079</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Bulletin: No Immediate Rating Impact From MISC's Reverse Takeover Bid For Ramunia Holdings</title><description>The latest News from S&amp;P</description><pubDate>1/23/2008 4:29:28 AM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">627079</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Malaysia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Marine</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Sovereigns</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">SINGAPORE (Standard&amp;Poor's) Jan. 23, 2008--Standard&amp;Poor's Ratings Services said today that the reverse takeover bid of Ramunia Holdings Bhd. (Ramunia) does not have an immediate impact on the ratings of MISC Bhd. (A-/Negative/--). On Jan. 22, 2008, MISC announced a reverse takeover bid for Ramunia. The transaction structure involves MISC selling its stake in Malaysia Marine and Heavy Engineering Sdn. Bhd. (MMHE) through MSE Holdings Sdn. Bhd. to Ramunia. Thereafter, Ramunia will issue a combination of Ramunia shares and Ramunia irredeemable convertible preference shares (ICPS-B) to MISC, which is likely to result in MISC owning 68% of Ramunia, 76% if all ICPS-B are converted to equity. The bid and transaction has many hurdles, such as a satisfactory</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">MYS</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20303010 203030 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">MISC Bhd.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">352979</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">MISF@MK</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">SOV</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_600061053</link><guid isPermaLink="false">moodys/COP_600061053</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><pubDate>1/3/2008 8:05:13 PM</pubDate><title>MISC Berhad</title><description>Global Credit Research Credit Opinion ## JUN ####   Credit Opinion: MISC Berhad MISC Berhad Kuala Lumpur, Malaysia Ratings Category Moody's Rating Outlook Stable Issuer Rating -Dom Curr A# MISC Capital (L) Limited Outlook Stable Bkd...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">MISC Berhad</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600061053</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">MISC Berhad</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_600061053</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_62601_600061053</link><guid isPermaLink="false">moodys/PR_62601_600061053</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><pubDate>12/21/2007 4:58:13 AM</pubDate><title>MOODY'S PLACES MALAYSIA INTERNATIONAL SHIPPING CORPORATION BERHAD'S Baa2 ISSUER RATINGS ON REVIEW FOR POSSIBLE DOWNGRADE</title><description>Global Credit Research Rating Action ## DEC ####   Rating Action: MISC Berhad MOODY'S PLACES MALAYSIA INTERNATIONAL SHIPPING CORPORATION BERHAD'S Baa# ISSUER RATINGS ON REVIEW FOR POSSIBLE DOWNGRADE New York, December ##, #### -- Hong...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Malaysia International Shipping Corp. Berhad</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600061053</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.00</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Malaysia International Shipping Corp. Berhad</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_62601_600061053</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_145881_820229043</link><guid isPermaLink="false">moodys/PR_145881_820229043</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>12/11/2007 4:24:42 AM</pubDate><title>Moody's says strong demand supports ratings for Asian shipping</title><description>Global Credit Research Announcement ## DEC ####   Announcement: BW Group Ltd Moody's says strong demand supports ratings for Asian shipping Hong Kong, December ##, #### -- Moody's Investors Service says that continued strong demand is...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">BW Group Ltd</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820229043</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">808148125</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Titan Petrochemicals Group Ltd</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600069552</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Wan Hai Lines Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600061053</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">MISC Berhad</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">BW Group Ltd; MISC Berhad; Titan Petrochemicals Group Ltd; ...</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_145881_820229043</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/614184</link><guid isPermaLink="false">spcred/614184</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>MISC Bhd.</title><description>The latest Full Report from S&amp;P</description><pubDate>11/20/2007 4:25:29 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">614184</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Malaysia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Marine</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Sovereigns</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">International Public Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Energy</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Substantial recurrent cash flow Strong competitive position and track record Satisfactory financial profile Strategic importance to Petroliam Nasional Bhd. and Malaysia Increasing capital expenditure plans Earnings volatility in non-LNG operations Higher-than-average industry risk with volatile freight rates The rating on MISC Bhd. reflects its satisfactory business risk profile. This position has been the culmination of stable recurring cash flow from its LNG contracts, its strong competitive position and track record in the petroleum shipping and lightering operations, and satisfactory financial measures. In addition, the rating takes into account that MISC is 62% owned by Petroliam Nasional Bhd. (Petronas; foreign currency A-/Positive/--, local currency A+/Stable/--), Malaysia's state-owned integrated oil and gas company; hence, MISC has strategic importance to Malaysia's position as</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">MYS</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20303010 203030 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">MISC Bhd.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">352979</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">MISF@MK</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">MYS</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">560904</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">716708</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">10102010 101020 1010 10</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Petroliam Nasional Bhd.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Malaysia</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Sarawak (State of)</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">364959</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">121380</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">107432</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">1124Z@MK</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">PET@MK</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">SOV</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GOVS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Energy</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/614185</link><guid isPermaLink="false">spcred/614185</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Summary: MISC Bhd.</title><description>The latest Summary from S&amp;P</description><pubDate>11/20/2007 4:25:29 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">614185</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Malaysia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Marine</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Sovereigns</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The rating on MISC Bhd. reflects its satisfactory business risk profile. This position has been the culmination of stable recurring cash flow from its LNG contracts, its strong competitive position and track record in the petroleum shipping and lightering operations, and satisfactory financial measures. In addition, the rating takes into account that MISC is 62% owned by Petroliam Nasional Bhd. (Petronas; foreign currency A-/Positive/--, local currency A+/Stable/--), Malaysia's state-owned integrated oil and gas company; hence, MISC has strategic importance to Malaysia's position as the world's third-largest LNG export nation. MISC is the sole LNG transporter for Petronas, which accounts for more than 40% of MISC's revenue in fiscal year ended March 31, 2007. These LNG contracts are locked in through</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">MYS</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20303010 203030 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">MISC Bhd.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">352979</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">MISF@MK</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">SOV</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item></channel></rss>