Ahmad Shahizam Bin Mohd Shariff has been appointed ED wef Nov 1
Work experience: Director, investments, Khazanah Nasional Bhd; head, communications & external relations, Khazanah Nasional Bhd
Posts Tagged ‘khazanah’
Parkway Holdings – Corporate moves
November 15th, 2010 |
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Khazanah controls 95% of Parkway
August 17th, 2010 |
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Malaysia’s state investor Khazanah said its Integrated Healthcare unit controls 95% of Singapore hospital operator Parkway Holdings (PARM.SI) and it would make a decision soon on its listing status.
Shares of Parkway were suspended from Tuesday as less than 10% of its shares are in free float, Parkway said in a separate statement.
Khazanah seals $1.85b loan to fund Parkway: Basis Point
August 6th, 2010 |
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Malaysian state investor Khazanah has secured a $1.85 billion three-year loan to partly finance its takeover of Parkway Holdings (PARM.SI), Basis Point said, quoting banking sources.
The eight lenders providing the club loan are ANZ, BNP Paribas, CIMB Bank, DBS Bank, HSBC, Maybank, OCBC Bank and UOB.
Khazanah said to borrow $1.85b for Parkway: Update
August 4th, 2010 |
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Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, agreed to $1.85 billion in loans to part-finance its offer for Parkway Holdings , according to three people with knowledge of the matter.
Australia & New Zealand Banking Group, CIMB Group Holdings Bhd., DBS Group Holdings, Oversea-Chinese Banking Corp., United Overseas Bank, Malayan Banking Bhd., HSBC Holdings Plc and BNP Paribas SA will lend to the Kuala Lumpur- based company, the people said, asking not to be named because the deal is private.
Khazanah said to sell $1.5b of 5, 10-year Islamic notes
August 3rd, 2010 |
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Khazanah Nasional Bhd. sold $900 million of ten-year, 3.725% Islamic notes at a spread of 120 basis points more than the Singapore swap offer rate, according to a person familiar with the matter.
The Kuala Lumpur-based company also sold $600 million of five-year, 2.615% sukuk at a spread of 90 basis points more than benchmark rates, the person said, asking not to be identified as details are private.
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Khazanah said to plan sale of $1.5b sukuk
August 3rd, 2010 |
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Khazanah Nasional Bhd., Malaysia’s state investment company, plans to sell $1.5 billion of five- and 10-year Islamic bonds, according to a person familiar with the matter.
The $600 million of five-year Islamic notes may price to yield 90 to 100 basis points more than the Singapore swap offer rate, while the spread on the $900 million of 10-year bonds may be 120 to 130 basis points, the person said, asking not to be identified as details are private.
Parkway +1.0%; Accept Khazanah offer: OCBC
July 27th, 2010 |
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Parkway Holdings (P27.SG) +1.0% at $3.92 in thin trade, tad below Khazanah Nasional’s general takeover offer price of $3.95/share, says Dow Jones.
Stock likely to hover around current levels in near term, with deadline for acceptance on August 16. Post-deal, interest in shares expected to be subdued as trading liquidity will be drastically reduced with Khazanah as controlling shareholder.
“We estimate that Khazanah would require a mere 2% acceptance from remaining shareholders for the offer to go through — almost a done deal in our view,” says OCBC Investment Research analyst Kevin Tan, “we advise shareholders to accept the offer.”
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Parkway shares rise 1% on Khazanah’s improved bid
July 27th, 2010 |
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Shares of Singapore’s Parkway (PARM.SI) opened 1.03% higher on Tuesday after Malaysian state investor Khazanah made an improved offer for the regional healthcare provider.
Around 0102 GMT, Parkway was traded at $3.92, higher than its Friday closing price of $3.88. Parkway shares were suspended from trading on Monday.
Khazanah offers $3.5b cash to buy out Parkway
July 26th, 2010 |
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Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, offered $3.5 billion for the rest of Singapore’s Parkway Holdings, beating Fortis Healthcare for Asia’s biggest hospital operator.
Khazanah offered $3.95 a share in cash for the 76.1% it doesn’t already own of Parkway, the Kuala Lumpur- based fund said in a statement today. That’s 3.9% more than the $3.80-a-share bid by New Delhi-based Fortis on July 1.
Khazanah wins battle for Parkway; Fortis bows out
July 26th, 2010 |
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Malaysian state investor Khazanah trumped India’s Fortis Healthcare (FOHE.BO) in a takeover battle for Singapore’s Parkway (PARM.SI) with an offer that values Asia’s biggest listed hospital operator at US$3.3 billion ($4.51 billion).
Khazanah — in its biggest acquisition overseas — said it was offering around $3.95 per share for all Parkway shares it does not own, topping the $3.80 offered by Fortis, confirming an earlier Reuters story.
Khazanah offers $3.5b in Parkway buyout, topping Fortis
July 26th, 2010 |
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Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, offered $3.5 billion for the rest of Singapore’s Parkway Holdings, topping a bid by Fortis Healthcare for Asia’s biggest hospital operator.
Khazanah offered $3.95 a share for the 76.1%it doesn’t already own of Parkway, the Kuala Lumpur-based fund said in a statement today. That’s 3.9%more than the $3.80-a- share bid by New Delhi-based Fortis on July 1. The proposal values Parkway at about $4.5 billion, according to Bloomberg calculations.
Khazanah offers $3.95 per share in Parkway general offer
July 26th, 2010 |
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Malaysian state investor Khazanah said on Monday it was offering $3.95 per share for all outstanding shares of Singapore healthcare firm Parkaway Holdings (PARM.SI).
India’s Fortis Healthcare (FOHE.BO), which was locked in a battle with Khazanah for control of Parkway, has decided to accept the offer, Khazanah said in a statement.
Fortis and Khazanah each currently own about 25% of Parkway.
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Khazanah poised to trump Fortis on Parkway deal
July 26th, 2010 |
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Malaysian state investor Khazanah is poised to trump an offer from India’s Fortis Healthcare (FOHE.BO) for Singapore’s Parkway (PARM.SI) in a buyout bid that values Asia’s biggest listed hospital operator at US$3.3 billion ($4.51 billion).
Khazanah — in its biggest acquisition overseas — will offer around $3.95 per share for all Parkway shares it does not own, topping the $3.80 offered by rival suitor Fortis Healthcare, sources with knowledge of the deal told Reuters.
Khazanah set to make general offer for Parkway: Update
July 26th, 2010 |
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Malaysian state investor Khazanah is poised to offer to buy all outstanding shares of Singapore’s Parkway Holdings (PARM.SI), valuing it at $3.3 billion, sources with knowledge of the deal said.
Khazanah’s latest offer will be around $3.95 per share of the Singapore healthcare firm in response to the $3.80 offered by rival suitor Fortis Healthcare (FOHE.BO) of India, the sources said.
Khazanah set to make general offer for Parkway
July 26th, 2010 |
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Malaysian state investor Khazanah is set to make a general offer for Singapore healthcare firm Parkaway Holdings (PARM.SI), sources with knowledge of the deal said on Monday.
Khazanah is locked in a bidding war for control of Parkway with India’s Fortis Healthcare (FOHE.BO). It has made a partial offer to acquire 51.5%
of Parkway at a price of $3.78 per share.
Parkway shares suspended ahead of Khazanah move
July 26th, 2010 |
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Parkway Holdings (PARM.SI) has suspended its shares ahead of an announcement by Malaysian state investor Khazanah, whose US$835 million ($1.1 billion) partial offer for the firm expires late on Monday.
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Khazanah unit says it received 15.7m acceptances for Parkway partial offer
July 21st, 2010 |
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Integrated Healthcare, a wholly-owned unit of Malaysian sovereign wealth fund Khazanah Holdings, said Wednesday that 15.7 million shares have been tendered as acceptances for its partial offer for Singapore’s Parkway Holdings (P27.SG).
The acceptances represent 5% of the 313 million shares Khazanah is looking to buy.
No Parkway Holdings counteroffer yet from Khazanah
July 8th, 2010 |
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Minority Parkway Holdings (P27.SG) shareholders hoping for Khazanah to counter Fortis Healthcare’s (532843.BY) $3.80/share general offer will have to keep waiting as sovereign wealth fund has extended deadline for partial takeover bid to July 26 from today, according to Dow Jones.
No reason given but move not surprising given Fortis’ earlier-than-expected response last week to Securities Industry Council’s July 30 deadline to unveil whether it will make general offer following widespread speculation last month.
Khazanah extends deadline of its partial offer for Parkway
July 8th, 2010 |
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Khazanah Holdings Bhd., through its Integrated Healthcare Holdings subsidiary, will extend the deadline of its partial offer for shares of Parkway Holdings by more than two weeks to July 26, according to an e-mail statement from CIMB Group Holdings Bhd. and Deutsche Bank AG today.
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