Khazanah trims Tenaga stake through $130 million block trade

The deal attracts strong demand, particularly from domestic investors, and is priced at a tight 1.6% discount.
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Tenaga is Malaysia's leading power company
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<div style="text-align: left;"> Tenaga is Malaysia's leading power company </div>

Asian equity markets remained under pressure yesterday, adding to the woes of investors who have been losing money on many of the recent deals. But, as shown by a small block trade last night, when the right transaction comes along they are still eager to put their money to work.

¬ Haymarket Media Limited. All rights reserved.

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