Mon, Mar 30, 2015
A A A
Welcome kivanova2
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Khazanah’s stake sale to improve market liquidity

Posted on 14 October 2010

From Thestar.com.my: Khazanah Nasional Bhd’s recent disposal of 147 million shares, or a 2% stake, in CIMB Group Holdings Bhd is merely part of the sovereign wealth fund’s strategy to pare down its stakes in various government-linked companies (GLCs) to improve liquidity in the Malaysian capital market, some analysts said.
“It’s a known fact that the Government wants to reduce its direct involvement in business to enhance the local capital market’s appeal, particularly to foreign fund managers,” an analyst said……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15985 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031