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Sovereign Wealth Funds Briefing - Categorized | Financials

Khazanah’s Mount Swettenham raised US$356 mln by selling AIA shares

Posted on 06 December 2012

Malaysia’s state investor Khazanah Nasional Bhd has raised US$356 million by selling shares in AIA Group Ltd., a person familiar with the situation said Thursday.
Khazanah, through its Mount Swettenham Investments unit, sold 92.35 million shares at HK$29.84 each, at the low end of the indicative price range of HK$$29.84-HK$30.20, said the person, adding the deal was covered shortly after its Wednesday launch. The final price represented a 1.2% discount to Wednesday’s closing price of HK$30.20………………………………………..Full Article: Source

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