Ananda raises RM340mil from sale of Measat stake


  • Business
  • Thursday, 04 Dec 2003

ANANDA Krishnan has raised RM340mil from the sale of a 20% stake in his satellite firm, Measat Global Bhd, via private share placements to fund managers, bankers involved in the transaction said. 

The sale may lead to an end to a 16-month suspension of the company's shares on the KLSE. 

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