| 04.05.2011 - Khazanah sells Pos Malaysia stake to DRB-HICOM |
| Khazanah Nasional Berhad – the Malaysian government’s investment arm – has announced it has sold its 32.21% stake in Pos Malaysia to DRB-HICOM. The strategic divestment was made following “a rigorous selection process” that would “ensure that the new shareholder will be able to bring POS to the next level of growth”. DRB-HICOM will pay RM 3.60 (EUR 1.41) per share, or RM 622.79m (141.2m) in total, Khazanah confirmed..............................................Full Article: Source |