Khazanah Rallies for Westports Holdings Bhd IPO

Posted on 09/23/2013

Westports Holdings Bhd could be the biggest initial public offering in Malaysia this year – targeting US$ 700 million. The deal was initiated years ago by Malaysian sovereign wealth fund, Khazanah Nasional, which aims to move state-linked companies toward stock market capitalization. The sovereign wealth fund owns a 7.52% stake through Lankayan Ventures Sdn Berhad, […]