Dateline 2011-07-23:
Exxon Mobil Corp. (XOM), the world’s biggest energy company by market value, will make a decision soon on selling part of its retail business in Malaysia, the Business Times reported, citing people familiar with the matter.
Exxon could raise about 1 billion ringgit ($336.5 million) by selling its network of 560 service stations in the Southeast Asian nation, according to the newspaper. That compares with Royal Dutch Shell Plc’s more than 900 gas stations in the country and Boustead Holdings Bhd. (BOUS)’s 330, it said.
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Wata - Malaysian Oil and Gas Engineer 