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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

KIA pumps US$150 mln in IHH Healthcare

Posted on 18 June 2012

Sovereign wealth fund Kuwait Investment Authority (KIA) will invest about US$150 million (RM477.8 million) in Malaysian firm IHH Healthcare’s planned US$2 billion (RM6.4 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 US$800 million (RM2.5 billion) into Agricultural Bank of China’s US$21 billion (RM66.9 billion) offering in 2010………………………………………..Full Article: Source


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