KUALA LUMPUR: Government investment arm, Khazanah Nasional Bhd will divest its strategic stake of 32.21% in Pos Malaysia Bhd
to DRB-Hicom Bhd
at RM3.60 per share or RM622.79mil.
The transaction is deemed as a landmark divestment as it is Khazanah's first divestment of its entire stake in a major government-linked company (GLC).
