Khazanah Is Said to Sell $340 Million Tenaga Stake in Placement

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Malaysian sovereign wealth fund Khazanah Nasional Bhd. has sold shares valued at approximately $340 million in the state-owned electricity company Tenaga Nasional Bhd. This stake placement is part of Khazanah's portfolio adjustments and reflects activity in the energy sector.

Malaysian sovereign wealth fund Khazanah Nasional Bhd. has sold 1.39 billion ringgit ($340 million) worth of shares in state-owned power firm Tenaga Nasional Bhd., according to people with knowledge of the matter.

Markets Deals Energy Khazanah Nasional Tenaga Nasional share sale Malaysian sovereign fund energy sector

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