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Sovereign Wealth Funds Briefing - Categorized | Market

Khazanah JV unit to bid for GMR stakes

Posted on 08 November 2012

Malaysian sovereign fund Khazanah Nasional Bhd’s joint venture (JV) unit with India’s IDFC Ltd, Uniquest Infra Ventures and SBI Macquarie Infrastructure Trust, have emerged frontrunners to invest in Bangalore-based GMR Groups’ road assets.
GMR is inviting investors to put in up to RM841 million in its road projects“Uniquest and SBI Macquarie are clearly frontrunners. GMR is talking to other investors as well,” said the report, quoting unnamed sources………………………………………..Full Article: Source


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