Malaysia's Khazanah covered warrants oversubscribed

Newswire

KUALA LUMPUR, Nov 17 (Reuters) - Malaysia's state investment arm Khazanah Nasional Bhd has received a high subscription rate for its second covered warrants package, its issuing house said on Monday. Khazanah is expected to raise up to $132 million from the sale of warrants convertible into shares of the country's top companies. The warrants will have a four-year maturity. The sale comes hot on the heels of a similar sale of warrants in July where Khazanah raised about 204 million ...

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