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Sovereign Wealth Funds Briefing - Categorized | Market

Khazanah sticks with old guard

Posted on 11 June 2010

From Todayonline.com: Malaysian sovereign wealth fund Khazanah Nasional, which is seeking to buy a controlling interest in Parkway Holdings through a partial offer, plans to retain the Singapore-based health care group’s present management to grow the listed company.
Khazanah, through its wholly-owned subsidiary Integrated Healthcare Holdings, is offering $3.78 a share to raise its present stake of just under 24 per cent in Parkway to 51.5 per cent and thus achieve its ambition of becoming a leading player in the health care industry in Asia…………………………………………Full Article: Source


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