KUALA LUMPUR: Khazanah Nasional Bhd has raised RM664.5mil from placing out 138.4 million shares in CIMB Group Holdings Bhd.
The sovereign wealth fund said yesterday that the shares, equivalent to a 1.4% stake in CIMB, were placed out at RM4.80 a share and the proceeds will be used for new investments, including under Dana Impak.
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