PETALING JAYA: Khazanah Nasional Bhd has placed out 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 each, raising gross proceeds of RM312mil.
In a statement yesterday, the sovereign wealth fund said the placement price represented a 3% discount to TM’s closing market price of RM5.98 on April 14,2021.
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