| From WSJ: Malaysian sovereign-wealth fund Khazanah Nasional Bhd. has raised around MYR1.18 billion (US$380 million) from the placement of 147 million shares in CIMB Group Holdings Bhd., lowering its stake in the Southeast Asian banking group to 29.0% from 31.01%, a person familiar with the deal said Tuesday.
The shares, representing around 2% of CIMB's issued and paid-up share capital, were placed at MYR7.99 each to investors mainly in Asia and Europe, the person said..............................................Full Article: Source
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