Khazanah is a Cornerstone Investor in Philippines Low-Cost Developer
Posted on 04/29/2014
Malaysian sovereign wealth fund Khazanah Nasional Berhad has purchased nearly an 8% stake in 8990 Holdings Inc for RM 215 million (US$ 65.93 million). 8990 Holdings is an unlisted company that is a property developer in the Philippines. Through its sovereign wealth enterprise, Pasir Salak Investments Ltd, Khazanah agreed to be a cornerstone investor before […]
