31.10.2014 - Malaysia’s 1MDB readies $3bn IPO of power asset
1Malaysia Development Berhad, a large Malaysian government fund, is paving the way for a $3bn stock market listing of its power assets on the Kuala Lumpur exchange early next year, according to people familiar with the matter. The planned initial public offering comes amid ongoing scrutiny by opposition politicians in Malaysia of 1MDB, a vast wealth fund formed only five years ago in partnership with interests in Abu Dhabi and Saudi Arabia...............................................Full Article: Source
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