Khazanah cuts IHH stake with $201m block

The Malaysian state investment fund sells a slice of its stake in Asia’s largest hospital operator, but remains the largest shareholder.

Malaysian state investment fund Khazanah Nasional raised M$829 million ($201 million) from a secondary selldown of shares in IHH Healthcare on Tuesday as it continues to pare down its stake in the hospital operator, which listed four years ago.

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