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