News about Khazanah Nasional

PETALING JAYA (Aug 23): National strategic Khazanah Nasional Bhd is reportedly in negotiations to sell its stakes in two property-development joint-venture companies to Temasek Holdings Pte Ltd, according to The Malaysian Reserve.

KUALA LUMPUR (Aug 21): As he clocked in as Khazanah Nasional Bhd’s new managing director yesterday, Datuk Shahril Ridza Ridzuan (pictured) resigned from the board of directors of three companies, namely Media Prima Bhd, Malaysia Building Society Bhd (MBSB) and Malaysian Resources Corp Bhd (MRCB) as their non-independent, non-executive director.

  KUALA LUMPUR (Aug 6): The Employees Provident Fund’s (EPF) deputy chief executive officer (CEO) of strategy Tunku Alizakri Alias (pictured) has been appointed the retirement fund’s new CEO, replacing outgoing Datuk Shahril Ridza Ridzuan, who has been named the new managing director of Khazanah Nasional Bhd.

KUALA LUMPUR (Aug 6): With the new leadership at Khazanah Nasional Bhd taking shape, investors and market watchers await clarity on the sovereign wealth fund’s future direction.

PETALING JAYA (August 4): Sovereign wealth fund Khazanah Nasional Bhd's leisure and tourism arm Themed Attractions & Resorts Sdn Bhd (TARH) has invited potential investor to choose from six sea-fronting parcels of land in Desaru Coast, Desaru Johor.

KUALA LUMPUR (Aug 3): Khazanah Nasional Bhd has appointed Datuk Shahril Ridza Ridzuan, currently the chief executive officer (CEO) of the Employees Provident Fund (EPF), as managing director (MD) of the sovereign wealth fund effective Aug 20.

KUALA LUMPUR (Aug 3): Prime Minister Tun Dr Mahathir Mohamad has defended his appointment as the chairman of Khazanah Nasional Bhd, saying it is in line with efforts to put the state-owned investment fund on the right track.

PETALING JAYA (August 2): Tan Sri Azman Mokhtar in a farewell note following his resignation from Khazanah Nasional Bhd, addresses Khazanah Nasional Bhd's RM80mil online lingerie venture losses and its loss of RM1.

KUALA LUMPUR (Aug 2): The Center to Combat Corruption and Cronyism (C4) has called for appointments to the board of Khazanah Nasional Bhd to be done by a committee, to ensure cronyism is avoided.

KUALA LUMPUR (Aug 2): The Employees Provident Fund (EPF) chief executive office (CEO) Datuk Shahril Ridza Ridzuan (pictured) is tipped to fill the vacancy created by the departure of Khazanah Nasional Bhd managing director (MD) Tan Sri Azman Mokhtar, sources say.