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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Malaysia sovereign wealth fund backs $1.37bln China Galaxy IPO

Posted on 13 May 2013

Malaysian sovereign wealth investor Khazanah Nasional Berhad is among six cornerstone investors planning to back China Galaxy Securities’ $1.37bn Hong Kong IPO.
Khazanah plans to commit up to $100m to the IPO after it as priced at between HK$4.99 and HK$6.77 per share. Another $260m is expected to be committed by former Khazanah portfolio company AIA, China Life Insurance, China General Technology, China Cinda Asset Management and Sino Life……………………………………Full Article: Source


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