Domestic interest drives Malakoff $105m block

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Domestic interest drives Malakoff $105m block

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Kuala Lumpur skyline | leungchopan - Fotolia

Two of the pre-IPO investors in Malaysia’s Malakoff Corp have divested their entire residual stake via a MR444m ($105m) block, with the deal buoyed by local demand and strong interest from one domestic pension fund.

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