Khazanah mandates JPM, CIMB

The new administration''s first equity sale will likely be completed by the end of the year, although no decision has been made on what is going to be sold.

JPMorgan and CIMB have scored something of a bull's eye by being awarded a key mandate from Khazanah Nasional - the investment holding arm of the Malaysian government. The mandate is open ended at the moment with sources saying an equity sale is likely to happen in one of four separate stocks - Telekom Malaysia, Tenaga Nasional, Astro AllAsia Networks or PLUS Expressways. No decision has yet been made as to which stock Khazanah will end up selling....

To continue reading, please login or register for free

Click for more on: khazanah | mandates | jpm | cimb

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...