Khazanah nets $133m from CIMB share sale

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Khazanah nets $133m from CIMB share sale

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Malaysian sovereign wealth fund Khazanah Nasional has pocketed MR571.2m ($133.3m) after selling a small piece of CIMB Group. A competitive bidding process for the mandate meant wall-crossing investors beforehand was impossible, leading to a slow but steady bookbuild.

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