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Khazanah divests Westports shares

Khazanah divests Westports shares
Malaysian stock market data has shown that Khazanah Nasional has started its divestment in Westports, seliing 161.52m shares in an off-market transaction.

The shares, which represented a 4.74 % stake, were transacted at an average price of MYR2.90 ($0.88) and were carried out via a book building exercise.

Khazanah has previously announced it would divest stakes in non-core assets.