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KUALA LUMPUR: Bhd Healthcare IHH 
The title Khazanah Nasional Bhd announced its divestment plan in the group.
The health care provider jumped 8.19%, or 43 sen, to 5.68 RM, its highest level since August. The biggest winners of Bursa Malaysia gained 0.86% in the last year.
Khazanah Nasional Bhd confirmed the StarBiz report that the Japanese Mitsui & Co Ltd had reached an agreement to sell its stake in launching an asset rationalization exercise.
Khazanah announced the sale of 1.4 billion shares, or 16% of IHH's share capital, to Mitsui & Co Ltd at RM 6 per share for 8.42 billion cash.
Following the divestment, Khazanah's stake in IHH will decrease to 26.05% based on IHH's enlarged capital following the completion of the acquisition of 30% of the additional stake in Acibadem Saglik Yatirimlari Holding AS by IHH .
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