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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Khazanah has 64pct acceptance level for Parkway

Posted on 13 August 2010

From Thestar.com.my: Khazanah Nasional Bhd had secured a 64.1% level of acceptances in its voluntary general offer (VGO) for the takeover of Singapore hospital group Parkway Holdings Bhd as at Tuesday.
While the actual closing is at 5pm on Monday, Integrated Healthcare Holdings Ltd (IHHL), which is an indirect wholly-owned subsidiary of Khazanah, has in effect gotten the necessary majority to take over Parkway at $S3.95 (RM9.25) per share……………………………………….Full Article: Source


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