KUALA LUMPUR: Malaysia could see a flurry of merger and acquisition (M&A) activities in the coming months, as the government looks to pare down direct ownership in companies to raise funds, according to the chief executive of CIMB Investment Bank.
There were opportunities in transactions that could emerge from Khazanah Nasional Bhd’s portfolio rebalancing, or at other government-linked investment companies (GLICs), said Datuk Kong Sooi Lin.
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