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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Investment

Malaysia’s Khazanah heads overseas with bid for Parkway

Posted on 03 June 2010

From Livemint.com: Malaysian state fund Khazanah Nasional Bhd’s $835 million bid for Parkway Holdings Ltd may signal the start of more focused, major acquisitions abroad to help Malaysian companies venture beyond the home market.
Khazanah’s biggest foreign acquisition aims to double its stake in Parkway, Asia’s biggest listed hospitals operator which owns Mount Elizabeth and Gleneagles hospital in Singapore, and manages chains in India and China…………………………………………Full Article: Source

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