The interest in Hess' assets comes as cashed-up firms such as PTTEP are buying overseas assets
New Prime Minister Mahathir Mohamad is keen to make the fund leaner and use sale proceeds to cut massive debt piled up in the 1MDB scandal.
The funding will come from parties including U.S. investors and strategic backers
The financing represents a key test for the airline, which was taken over by Malaysian sovereign wealth fund Khazanah Nasional in December 2014.
Singapore state investor Temasek Holdings Pte Ltd is likely to book a record S$300 billion (166.3 billion pounds) for the value of its portfolio, po
It would provide respite to foreign firms including Great Eastern Holdings, Prudential, Tokio Marine Holdings and Zurich Insurance by putting off deal
IPOs & Markets
The Philippines' stock market is Southeast Asia's worst performer this year, hit by rising inflation and a weak currency.
The Hanoi-based lender priced its April initial public offering (IPO) at the top of a marketing range, valuing it at $6.5 billion and making it Vietna
SGX said it would list new Indian equity derivative products in June, a move which follows a decision by India's three main bourses to stop licensing
Last month, GIC took a roughly 7% stake in Vinhomes for about $853 million as a pre-IPO investor.
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