Home World Asia-pacific Kuwait To Invest $150m In Asian IPO Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO. by Reuters June 14, 2012 Sovereign wealth fund Kuwait Investment Authority will invest about $150 million in Malaysia’s IHH Healthcare’s planned $2 billion initial public offering in Kuala Lumpur and Singapore, two sources with direct knowledge of the deal said. Malaysia’s pension fund EPF will separately invest about $200 million in the deal, sources said. This is Kuwait fund’s biggest investment in an Asian IPO after it poured $800 million in Agriculture Bank of China’s $21 billion IPO in 2010. “These two are the biggest cornerstone investors in IHH,” one of the sources told Reuters. IHH Healthcare, which is partly owned by state investor Khazanah Nasional Berhad, is the country’s second-biggest IPO this year after Felda Global Ventures Holdings priced its $3.1 billion IPO late on Wednesday near the top of an indicative range Tags Breaking News World 0 Comments Share Tweet Share Share You might also like Global downturn risks becoming prolonged recession – WEF How should regional businesses effectively navigate their workforce through the Covid-19 pandemic Warmest oceans on record add to hurricanes, wildfires risks Is coronavirus the newest threat to cybersecurity in the GCC?