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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Khazanah plans further divestments

Posted on 21 March 2013

Khazanah Nasional Bhd, Malaysia’s state investment company, is planning more domestic divestments while expanding overseas, managing director Tan Sri Azman Mokhtar said.
Malaysia’s initial public offering (IPO) market grew to the world’s fifth-largest last year, up from 14th in 2011, according to data compiled by Bloomberg. Almost 70 per cent of the US$6.8 billion raised through IPOs were due to the government divestments of shares in companies, the data showed………………………………………..Full Article: Source


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