KUALA LUMPUR: Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 per share, raising gross proceeds of RM312mil.
In a statement, Khazanah said the placement price represented a 3% discount to the closing market price of RM5.98 on April 14.
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