Malaysia’s Ministry of Finance Sells Ownership in Bursa Malaysia
Posted on 08/09/2015
On July 29, 2015, Malaysia’s Ministry of Finance, through its investment arm, sold its entire ownership interest in Bursa Malaysia Berhad to Kumpulan Wang Persaraan (KWAP). The ministry had a 16.12% stake, 86.2 million shares, in the securities and commodity exchange operator. Post-transaction KWAP controls 19.8% of Bursa Malaysia, making the asset owner the largest […]