Media & Downloads
Press Releases

10 September 2021

Khazanah raises RM664.5 million from CIMB Group share placement

Proceeds will be used for new investments, including investments under Dana Impak

Khazanah Nasional Berhad (“Khazanah”) wishes to announce that it has successfully completed a placement of 138.4 million shares (c. 1.4%) in CIMB Group Holdings Berhad (“CIMB”) at RM4.80 per share, raising gross proceeds of RM664.5 million. The placement price represents a 2.8% discount to the closing market price of RM4.94 on 8 September 2021.

The share placement exercise is part of Khazanah’s on-going efforts to rebalance its portfolio and recycle its investments into new assets in Malaysia and globally, including new investments under Dana Impak. In line with the objectives of the Perkukuh Pelaburan Rakyat (“PERKUKUH”) initiative outlined by the Government, Dana Impak is intended to catalyse new growth areas, build Malaysia’s economic competitiveness and increase national resilience whilst driving priority socio-economic outcomes.

Following the placement, Khazanah remains the single largest shareholder of CIMB at 25.6%. The shares were placed to a good mix of government linked funds, domestic and foreign long-only institutional investors, existing holders and multi-strategy funds.

CIMB and Credit Suisse were joint book runners for the share placement exercise.

END



Other Press Releases
10 June 2022

Khazanah launches sustainability framework and tar...

Read more  

5 June 2022

Khazanah celebrates World Environment Day at Taman...

Read more  

20 May 2022

Khazanah forms strategic partnership to grow Cenvi...

Read more  

15 April 2022

Khazanah raises RM 535.5 million from CIMB Group H...

Read more  

2 March 2022

Khazanah continues growing its portfolio value, an...

Read more  

20 December 2021

Khazanah and Yayasan Hasanah pledge RM7.5 million ...

Read more  

29 October 2021

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more  

10 September 2021

Khazanah raises RM664.5 million from CIMB Group sh...

Read more  

12 August 2021

Khazanah ready to play its role under PERKUKUH...

Read more  

30 July 2021

Khazanah Impact Innovation Challenge marks success...

Read more