Khazanah Seeks to Bid for Bank of Ayudha

Posted on 03/16/2013

Malaysia’s Khazanah Nasional Berhad looks to purchase General Electric Co’s US$ 1.8 billion stake in Bank of Ayudhya Public Company Limited, the fifth largest lender in Thailand. General Electric’s 25.3% stake in the bank has also attracted Mitsubishi UFJ Financial Group. Khazanah Nasional isn’t nearly active in pursuing international financial sector investments compared to Singapore’s […]

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