Khazanah Raises Around US$380 Mln From Sale Of 2% Of CIMB – Source
Posted on 10/13/2010
According to the Wall Street Journal, “Malaysian sovereign-wealth fund Khazanah Nasional Bhd. has raised around MYR1.18 billion (US$380 million) from the placement of 147 million shares in CIMB Group Holdings Bhd. (1023.KU), lowering its stake in the Southeast Asian banking group to 29.0% from 31.01%, a person familiar with the deal said Tuesday. The shares, […]
