POS MALAYSIA FOR SALE

Khazanah Nasional has received some indications of interest regarding the potential buyers of Pos Malaysia. Tan Sri Azman Mokhtar, managing director of Khazanah said that they are able to commit three to six months to select the bidders and hoped that it would be completed by the end of the year. He mentioned further that the divestment of its 32.2% stake in Pos Malaysia would be undertaken in two stages. Reports also indicated that Tune Money and DRB-Hicom are among the potential bidders.
source: Financial Daily

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