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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Bidders for Khazanah’s stake in Pos Malaysia to go through rigorous process

Posted on 15 February 2011

From Thestar.com.my: Khazanah Nasional Bhd will be putting the bidders for its 32.21% equity in Pos Malaysia Bhd through a vigorous process that includes a detailed assessment of the business plan and whether there will be a “cultural fit” between the new owners and the postal company.
Yesterday was the deadline for all bidders to submit their offer and sources close to the deal said the format required for the bids was broken up into a few parts……………………………………….Full Article: Source


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