Khazanah trims Tenaga stake through $130 million block trade

The deal attracts strong demand, particularly from domestic investors, and is priced at a tight 1.6% discount.
<div style="text-align: left;"> Tenaga is Malaysia's leading power company </div>
<div style="text-align: left;"> Tenaga is Malaysia's leading power company </div>
June 04, 2013

Asian equity markets remained under pressure yesterday, adding to the woes of investors who have been losing money on many of the recent deals. But, as shown by a small block trade last night, when the right transaction comes along they are still eager to put their money to work.

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