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Sovereign Wealth Funds Briefing - Categorized | Investment

Sri Lanka conglomerate stake brought by Malaysia’s Khazanah

Posted on 19 March 2012

Malaysia’s Khazanah Nasional Berhad, a sovereign wealth fund, has bought an 8.8 per cent stake in Sri Lanka’s John Keells Holdings in a deal valued at over 14 billion rupees (US$114 million), officials said.
Khazanah had bought 74 million shares at 194 with Sri Lanka’s Employee’s Provident Fund, a state-managed fund of private sector workers’ retirement money, among key sellers………………………………………..Full Article: Source


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