Venture companies in which Petronas has at least 50% stake in the company. Although Petronas is considering to listing more of its subsidiaries, so far the company has listed at least 3 of its subsidiaries in the Bursa Malaysia. Petronas Dagangan Berhad Involved in the distribution and sale of finished petroleum products and operations of service stations for the domestic market. The company has over 800 petrol stations around Malaysia as of July 2007, and further increased to 870 stations in January 2008. The company has also teamed up with local food and beverage companies, banks and transportation companies to provide better services at their petrol stations. Companies include McDonald's, Kentucky Fried Chicken, Dunkin' Donuts, Konsortium Transnasional Berhad, Maybank, and CIMB Bank. Petronas Gas Berhad Involved in the provision of gas processing and transmission services to Petronas and its customers as a throughput company. Owns and operates the Peninsular Gas Pipeline which is 2,550 kilometres in length and runs from Kerteh in Terengganu to Johor Bahru in the South and Kangar in the North of Peninsular Malaysia. MISC Berhad Involved in ship-owning, ship-operating and other logistics and maritime transportation services and activities. Currently has the largest fleet of LNG transport vessels KLCC Properties Berhad Involved in the development and the management of the Kuala Lumpur City Centre project which includes the Petronas Twin Towers, Menara Exxon Mobil and KLCC Park. Other properties under its care include Dayabumi Complex which located near Dataran Merdeka. Petronas Chemicals The Petronas Chemicals is the latest company to be publicly listed. The IPO was done on 26 November 2010 with investor raise around US$4.40 billion, effectively becoming one of the largest IPO exercises in South East Asia. The business is the largest petrochemical producer and seller in South East Asia. Products include olefins, polymers, fertilisers, methanol and other basic chemicals and derivative products. Malaysian Marine and Heavy Engineering MMHE was listing on 29 October 2010 with MYR 1 billion raised on its IPO exercise. The business builds offshore structures for oil and gas applications, help repair large vessels and converts vessels into Floating production storage and offloading and FSOs. Other principal subsidiaries Some of the key subsidiaries are:- Petronas Carigali Sdn Bhd – Main Hydrocarbon exploration arm E&P O&M Services Sdn Bhd (EPOMS) – Main Oil & Gas Maintenance Services – Cendor Phase 2 FPSO project, Bertam, Sepat, Layang, Gumusut-Kakap. Petronas Carigali Overseas Sdn Bhd