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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Kuwait to invest $150mln in Malaysia IHH IPO

Posted on 15 June 2012

Sovereign wealth fund Kuwait Investment Authority (KIA) will invest about $150 million in Malaysian firm IHH Healthcare’s planned $2 billion IPO in Kuala Lumpur and Singapore, two sources with direct knowledge of the deal said.
The investment is poised to make KIA the second-biggest investor in the Malaysian healthcare firm’s IPO. It will be the fund’s biggest investment in an Asian flotation since it poured $800 million into Agricultural Bank of China’s $21 billion offering in 2010………………………………………..Full Article: Source


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