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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Malaysia state funds to buy out PLUS

Posted on 15 October 2010

From Asiaone.com: Two of Malaysia’s state linked funds will buy out highway operator PLUS Expressways for 23 billion ringgit (S$9.6 billion), the largest deal so far in the Southeast Asian country.
The Edge Financial daily quoted sources as saying that the Employees Provident Fund (EPF) and state investment arm Khazanah Nasional will form a special purpose vehicle (SPV) to take over the assets and liabilities of PLUS at 4.60 ringgit per share……………………………………….Full Article: Source

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