Khazanah sells small stake in CIMB


The sovereign wealth fund said in a statement that the article had selectively focused on a

PETALING JAYA: Khazanah Nasional Bhd, the single largest shareholder in CIMB Group Holdings Bhd, is selling a small stake in the bank for at least RM364mil via a bookbuilding exercise.

Sources said Khazanah is seeking to dispose of 66.99 million shares in CIMB, which equals to a 0.66% stake in the bank, at between RM5.78 and RM5.90 a share.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Khazanah , CIMB , sell , shares ,

   

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