| Hong Kong-listed Chinese waste water treatment company Beijing Enterprises Water Group says that a subsidiary of Malaysian sovereign wealth fund Khazanah Nasional plans to invest HK$1.18 billion ($152 million) in the company.
The subsidiary, Mount Reskit Investments Ltd., agreed to buy 400 million subscription shares of Beijing Enterprises Water Group at HK$2.95 per share, which amounts to around 4.9% of the company's total shares. The price equals a discount of approximately 5.1% to the closing price of HK$3.11 per share on the Hong Kong Stock Exchange on the last trading day before the news announcement...............................................Full Article: Source
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