Malaysia's Khazanah May Sell More Convertible Bonds to Cut Equity Stakes

(Bloomberg) -- Khazanah Nasional Bhd., Malaysia's
state investment arm, may sell more dollar-denominated bonds
that can be converted into shares of government-linked companies,
a company spokesman said.

Khazanah may add to its sales of Islamic convertible bonds
after raising $750 million in September through selling
securities that can be redeemed for shares of Telekom Malaysia
Bhd. held by Khazanah. The offering was Southeast Asia's biggest
of Islamic convertible debt.


Read more at Bloomberg Bonds News