Kencana Capital is a cornerstone investor of IHH US$2bil listing


PETALING JAYA: Kencana Capital Sdn Bhd, which is controlled by Datuk Mokhzani Mahathir (pic), has emerged as one of the cornerstone investors in the US$2bil listing of IHH Healthcare Bhd, sources said.

Mokhzani is no stranger to the heathcare industry as he used to be the major shareholder of Pantai Holdings Bhd, which he controlled via Tongkah Holdings Bhd. He was previously also the chairman and chief executive officer of Pantai Holdings.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

PM says to cut fuel subsidy at the ‘right time’
Cypark GCEO Datuk Daud Ahmad resigns
US producer prices increase more than expected in April
China strongly opposes U.S. tariff hikes, pledging measures to defend rights
Heineken keeps its guard up after posting encouraging 1Q24
Ringgit ends higher against greenback for third straight day ahead of US data
PM Anwar says to cut fuel subsidy at the ‘right time’
BCB buys land in Batu Pahat, Johor for RM83.71mil
MBSB appoints Shahnaz Farouque as new GCFO
PM Anwar says no to second casino in Malaysia

Others Also Read