Photographer: Kiyoshi Ota

Malaysia Pension Fund Plans U.K. Sale in Asset Repatriation Move

  • London office building to be sold for 270 million pounds
  • KWAP to repatriate proceeds from sale by end of first quarter

Malaysia’s second-largest pension fund is planning a 270 million pound ($402 million) sale of an office building in central London, responding to a government call to repatriate funds to prop up the country’s ailing stock and currency markets.

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