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Khazanah, TPG buy into Manila developer

Thursday, May 15, 2014 - 06:00

[MANILA] Malaysia's state investor Khazanah Nasional and global private investment firm TPG have agreed to buy US$132 million worth of shares in 8990 Holdings Inc, the Philippine mass housing developer said yesterday. Khazanah and TPG have committed to subscribe to about two-thirds of 8990