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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Malaysia’s PLUS shareholders approve EPF-UEM takeover

Posted on 24 February 2011

From Reuters: Shareholders of PLUS Expressways , Malaysia’s biggest highway operator, approved on Wednesday a takeover bid by major shareholders UEM Group and the Employees Provident Fund (EPF).
Malaysia’s largest pension fund EPF, together with UEM, a wholly-owned subsidiary of state investment arm Khazanah Nasional , own more than 60 percent of the toll operator………………………………………..Full Article: Source


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