18.06.2012 - KIA pumps US$150 mln in IHH Healthcare
Sovereign wealth fund Kuwait Investment Authority (KIA) will invest about US$150 million (RM477.8 million) in Malaysian firm IHH Healthcareís planned US$2 billion (RM6.4 billion) IPO in Kuala Lumpur and Singapore, two sources with direct knowledge of the deal said. The investment is poised to make KIA the second-biggest investor in the Malaysian healthcare firmís IPO. It will be the fundís biggest investment in an Asian flotation since it poured US$800 million (RM2.5 billion) into Agricultural Bank of Chinaís US$21 billion (RM66.9 billion) offering in 2010...............................................Full Article: Source
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