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Major trader Mitsubishi Corp. said Thursday it will sell its 15 percent stake in Malaysia LNG Sendirian Berhad, a liquefied natural gas manufacturer, to Petroliam Nasional Berhad (PETRONAS), Malaysia’s government-owned oil company.

The sale is planned for Monday and is in line with the signing of a merger contract between PETRONAS and Malaysia LNG, the company said. PETRONAS currently owns 65 percent of Malaysia LNG.

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