Abraaj selling stake in Malaysia IPO

HONG KONG - Private equity firm Abraaj Capital will sell 434.7 million shares in Malaysian firm IHH Healthcare’s planned $2 billion IPO in Kuala Lumpur and Singapore, accounting for 20 per cent of the total stock on offer, according to a term sheet of the deal.

By (Compiled from agency)

Published: Sun 17 Jun 2012, 11:34 PM

Last updated: Tue 7 Apr 2015, 12:24 PM

The company will start taking orders for the initial public offering on July 4, with pricing slated for July 12, the terms said.

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