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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Khazanah launches formal offer for Parkway Holdings

Posted on 11 June 2010

From Financialexpress.com: A day after Malvinder Singh promoted Fortis Healthcare announced its plans to raise funds, Singapore-based Parkway Holdings announced that the Malaysian sovereign wealth fund Khazanah has formally launched its open offer.
In accordance with its earlier announcement, Khazanah has offered to acquire 313 million shares of Parkway Holdings from the shareholders in order to up its stake to over 51% from the current 23%…………………………………………Full Article: Source

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