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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Malaysia state investor shortlists 3 firms for Pos stake

Posted on 29 March 2011

Malaysia’s Khazanah Nasional has shortlisted three local firms to buy its 32.2 percent stake in Pos Malaysia Bhd , the Business Times reported on Tuesday, as the state investor seeks to divest its non-core assets.

Khazanah has shortlisted DRB-HICOM , Nationwide Express Courier Services Bhd and a joint-venture between Amanah Reit and Malaysia Pacific Corp , the newspaper reported, citing sources familiar with the bidding process for the national postal firm……………………………………..Full Article: Source

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