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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Malaysia: Govt’s golden share delaying Pos stake sale

Posted on 12 October 2010

From Thestar.com.my: The planned divestment of Khazanah Nasional Bhd’s 32% stake in Pos Malaysia Bhd is taking longer than expected due to negotiations surrounding the Government’s “golden share” in the company, banking sources said.
“They (the Government) are grappling with how to deal with watering down the golden share, which is what potential bidders want,” one banker familiar with the situation said……………………………………….Full Article: Source

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