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Four seconds from time and Australia ensured that Malaysia will have to wait another year to try land the Sultan Azlan Shah Trophy that has eluded them for the last 22 years.
Malaysia went down 3-2 in a keenly contested final, but there was no shame in defeat as they matched the world number two side blow for blow.
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Korea took bronze in the Azlan Shah Cup when they edged New Zealand 2-1 this evening.
It was a commendable performance from the Koreans who staved off a late fightback by the Black Sticks.
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India defeated Pakistan 4-2 to take fifth spot in the Sultan Azlan Shah Cup this afternoon.
They had defeated Pakistan 3-1 in the league match and for Pakistan it was the successive time they finished last, as they were seventh last year.
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Malaysia were held to a 2-2 by India and made the final of the Sultan Azlan Shah Cup much earlier, thanks to Australia defeating New Zealand earlier.
Malaysia have played in the final on three occasions, in 1985, 2007 and 2009. They lost to India in 85 and 09 and lost to Australia in 07. In the 21 past editions the hosts have yet to lift the trophy.
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Australia qualified for the final of the 22nd edition of the Sultan Azlan Shah Cup when they edged New Zealand 3-2 this evening.
With the Aussie win, Malaysia is also through to the final, rendering their match against India of academic interest.
New Zealand will play either Korea or India, for the bronze medal. India needs to win against Malaysia to secure a 3/4 placing playoff.
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Pakistan and Korea played to a 2-2 draw and the Koreans will now play the waiting game to see if they get to play the bronze medal playoff tomorrow.
Pakistan and Korea were tied on 4 points each before the match started and a win for either side would have assured them of a place in the 3/4th placing playoff.
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The finalists for the 22nd edition of the Sultan Azlan Shah Cup will only be determined after the dust settles following the final league matches on Saturday.
As it stands Australia and Malaysia are in the driving seat, both with 8 points but Australia with a superior goal difference of plus 8 while Malaysia are on plus 2.
Both the teams need a draw in their final matches, Australia against New Zealand and Malaysia against India to book their places in the final.
A win for New Zealand and a Malaysian defeat will see the two Oceania countries contesting the final on Sunday.
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Malaysia were held to a 2-2 draw by Pakistan thus ensuring a granstand finish for the tournament as the finalists are yet to be decided.
Three teams are in the running for the two final slots, Australia, Malaysia and New Zealand.
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New Zealand set-up a crucial match against Australia on Saturday when they defeated India 2-0 at the Sultan Azlan Shah Cup.
Thus with six points they will battle Australia in a winner take all match that could well decide the finalist.
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Korea held Australia to a 3-3 draw in the Sultan Azlan Shah Cup but really it was three points lost then one gained as Korea led till two seconds from the end.
The draw thus puts Korea out of the running for a place in the final while Australia will have to win against New Zealand on Saturday.
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Malaysia are optimistic of making the final of the 22nd edition of the Sultan Azlan shah Cup.
But at the same time coach Paul Revington remains cautious as he warned his players to keep their heads firmly screwed on their shoulders as there is still two tough matches to overcome.