Mon, Jul 24, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Khazanah expands into China

Posted on 08 October 2013

The Malaysian state investment fund Khazanah Nasional Bhd acquired almost five per cent of Beijing Enterprises Water Group Ltd. for $152 million US to expand in China, making it the company’s third-largest shareholder.
Beijing Enterprises Water plans to use the net proceeds for working capital, the sovereign wealth fund said in a statement. The water-treatment group announced 400 million new shares would be issued at HK$2.95 each (38 cents US) to Mount Reskit Investments Ltd., a unit of Khazanah Nasional, last month……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31