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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Kuwait, Malaysia’s pension fund to back IHH Healthcare IPO

Posted on 15 June 2012

Middle Eastern sovereign wealth fund Kuwait Investment Corp and Malaysia’s largest pension fund have agreed to become cornerstone investors in the planned US$2-billion (S$2.6-billion) initial public offering (IPO) of IHH Healthcare in Kuala Lumpur and Singapore, a source said.
The source said KIA has agreed to invest US$150 million, while Malaysia’s Employees Provident Fund is planning to pour in US$200 million………………………………………..Full Article: Source


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