KUALA LUMPUR: Khazanah Nasional Bhd is investing RM486mil for a 4.95% stake in Beijing Enterprises Water Group Ltd as it seeks exposure to China’s fast growing environmental related sectors.
Malaysia’s state investment fund said on Friday its unit Mount Reskit Investments Ltd was subscribing for 400 million new shares in the Chinese company or 4.95% in the enlarged share capital at HK$2.95 per share.
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