Ananda Krishnan in talks to take stake in 1MDB IPO

comments     Yantoultra Ngui & Praveen Menon, Reuters     Published     Updated

Malaysia’s second-richest man, Ananda Krishnan, is in talks with state firm 1MDB to become a cornerstone investor in a long-delayed, US$3 billion listing of its power assets, two people familiar with the matter said today.

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