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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

State-owned shares up for grabs

Posted on 29 October 2010

From Businessweek.com: Khazanah Nasional, the sovereign wealth fund, has been selling stakes in listed companies. Its 32.2 percent stake in Pos Malaysia, the postal service, may soon be sold.
A planned offering of Petronas Chemicals, a division of state-owned Petronas, may raise as much as $4.2 billion and be Southeast Asia’s biggest IPO this year……………………………………….Full Article: Source


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