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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Malaysia’s Khazanah plans US$400 mln IPO of theme parks

Posted on 14 June 2013

Khazanah Nasional Bhd, Malaysia’s state investment company, is planning to raise as much as US$400 million in an initial public offering (IPO) of its theme park business, said two people with knowledge of the matter.
Khazanah is working with Malayan Banking Bhd (Maybank) and Bank of America Corp on the share sale of Themed Attractions and Resorts Bhd, the people said, asking not to be named as the process is private. The Kuala Lumpur IPO may raise US$300 million to US$400 million as early as this year, they said………………………………………..Full Article: Source


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