Khazanah Is Said to Sell $340 Million Tenaga Stake in Placement
Malaysian sovereign wealth fund Khazanah Nasional has divested a significant stake in state-owned power company Tenaga Nasional, selling 1.39 billion ringgit ($340 million) worth of shares through a placement. This transaction represents a major reduction in Khazanah's holdings in the utility company.
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Khazanah Is Said to Sell $340 Million Tenaga Stake in Placement
Malaysian sovereign wealth fund Khazanah Nasional has divested a significant stake in state-owned power company Tenaga Nasional, selling 1.39 billion ringgit ($340 million) worth of shares through a placement. This transaction represents a major reduction in Khazanah's holdings in the utility company.
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