| Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. is considering paring 2 percent of its holdings in Tenaga Nasional Bhd., IHH Healthcare Bhd. and Axiata Group Bhd., people familiar with the matter said earlier this week. EPF owns shares in all three companies, and Employees Provident Fund Chief Executive Officer Shahril Ridza Ridzuan said. said the pension fund may look at increasing its stake should Khazanah sell.
“We don’t rule out the possibility,” Shahril said. “It all depends on whether the price makes it worthwhile for us to look at, from a risk-return point of view.”..............................................Full Article: Source
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