21.07.2010 - Khazanah sells 5pct stake in Telekom Malaysia
From Financeasia.com: Khazanah Nasional, the state-owned Malaysian investment company, yesterday sold a 5% stake in Telekom Malaysia through a block trade, raising M$581.3 million ($180 million). This was its fourth sell-down in a Malaysian portfolio company in less than a year, indicating it is continuing its strategy of divesting domestic companies to help increase the free-float, while at the same time continuing to diversify its own holdings through investments overseas..............................................Full Article: Source
Print