30.01.2015 - Khazanah raises RM1.62 billion from placement of 2% stake in Tenaga
CIMB Investment Bank Bhd and Credit Suisse (Singapore) Ltd, as joint bookrunners, have today successfully completed a placement of 112 million existing shares, representing a 2% stake in Tenaga Nasional Bhd. The shares were placed out at RM14.50 each, and raised gross proceeds of RM1.62 billion for Khazanah Nasional Bhd. The placement price represents a 2% discount to the closing market price on Jan 28, 2015, of RM14.80 per share..............................................Full Article: Source
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