VOL. XXXII
NO. 4
31-OCTOBER-1988
Financial and Banking News
INVESTMENT ACTIVITIES
KIO Increases Sime Darby Stake, Buys into Belgian Papermaker
The Kuwait Investment Office (KIO), acting through Mayban Nominees, awholly-owned subsidiary of Malayan Banking Bhd, has increased its stake in theMalaysian plantation and industrial conglomerate Sime Darby Bhd from 7.5% to8.1% by the acquisition of 960,000 shares, bringing its total stake to 84.25mnshares.
In a separate development, the KIO's Spanish holding...
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