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Sovereign Wealth Funds Briefing - Categorized | Investment

New MD: Khazanah not buying stake in Sersol

Posted on 05 September 2013

The new boss of paints and coatings industry specialist Sersol Bhd says a plan by Khazanah Nasional Bhd to take a 10 per cent placement block in the company is purely speculation. “It is all rumours,” said managing director Mohamed Ridzuan Mohd Nor yesterday after a signing ceremony with the Malay Contractors Association (PKMM).
Mohamed Ridzuan, who is the son of Khazanah Nasional Bhd executive exco chairman Tan Sri Nor Mohamed Yakcop, dismissed the idea that he will take over Sersol………………………………………..Full Article: Source


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