Divestment plan: A file picture showing Mitsui’s logo in Tokyo. Khazanah’s sale of a 16 stake to Mistui for RM8.42bil is expected to be completed by the first quarter of this year. Sources say that the share sale in IHH will be followed by divestment in at least eight more companies. UEM Edgenta is one of them. — Reuters
However, Khazanah may not consider selling its stake anytime soon
KHAZANAH Nasional Bhd’s majority-controlled UEM Edgenta Bhd
has attracted a number of suitors, both local and foreign, sources says.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
