Khazanah Offers S$1.18 Billion for Control of Parkway
Posted on 05/28/2010
Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund, offered S$1.18 billion to more than double their stake in Parkway Holdings Ltd. Khazanah is keen on gaining control of Asia’s largest hospital operator. In fact, Khazanah offered S$3.78 a share in cash for 313 million shares of Parkway Holdings Ltd. The interest would grow from 23% to […]
