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Sovereign Wealth Funds Briefing - Categorized | Investment

Malaysia’s Khazanah raises stake in Sri Lanka’s JKH

Posted on 22 October 2013

Malaysia’s Khazanah Nasional Berhad said it had rasied its stake in Sri Lanka’s John Keells Holdings to above 10 percent of the company. Khazanah originally bought an 8.85 percent stake in March 2012, though, Broga Hill Investments Ltd, an investment vehicle.
In a stock exchange filing Broga Hill Investments said it now had a 10.55 percent stake in JKH. JKH is raising funds through a rights issue for a 650 million US dollar plus integrated resort in Colombo………………………………………..Full Article: Source


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