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Sovereign Wealth Funds Briefing - Categorized | Investment

RiskMetrics recommends Khazanah bid for Parkway

Posted on 22 June 2010

From Thestar.com.my: RiskMetrics, an independent advisory firm, yesterday recommended that Parkway investors approve a proposal allowing a partial takeover bid by Malaysia’s Khazanah Nasional Bhd.
The company said Khazanah’s offer price of S$3.78 a share exceeded Parkway’s share price before the offer, and shareholders would still be free to decide whether or not to accept Khazanah’s offer after the vote……………………………………….Full Article: Source

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