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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Khazanah to offer 1.8bln new shares in US$2bln healthcare IPO, says source

Posted on 01 June 2012

Malaysia’s state investor Khazanah Nasional Bhd plans to offer up to 1.8 billion new shares in the listing of its healthcare unit, according to a source with direct knowledge of the matter, in a move that could raise close to US$2 billion (RM6 billion).
The dual listing, slated to debut in Malaysian and Singapore bourses by the end of July, comes at a time when many initial public offerings (IPOs) are being postponed due to worries about a deteriorating global economy………………………………………..Full Article: Source


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