Media & Downloads
Press Releases

29 September 2005

KHAZANAH SUBSCRIBES TO 16.8% STAKE IN PT EXCELMINDO PRATAMA, INDONESIA

Khazanah Nasional Berhad (“Khazanah”) is pleased to announce that Khazanah has been allocated and has subscribed to a 16.8% stake in PT Excelminda Pratama (“XL”) of Indonesia which was listed on the Jakarta Stock Exchange today. The 16.8% stake was subscribed for a price of IDR2,000 per share or for a total cash consideration of approximately USD234 million.

Khazanah believes the proposed subscription represents a significant co-investment opportunity with a key investee company. The propsed investment into XL provides an excellent platform for exposure into an important market and is an important strategic investment and commitment by Khazanah into the Indonesia telecomminucations market.



Other Press Releases
6 July 2022

Khazanah’s Investments in Türkiye Underscore th...

Read more  

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