News about Khazanah

PETALING JAYA (Oct 24): Khazanah Nasional Bhd is closing down its office at the Petronas Twin Towers in KLCC to lower overall operational costs, according to a report today in Free Malaysia Today.

KUALA LUMPUR (Oct 23): Khazanah Nasional Bhd’s stake divestment in private healthcare provider IHH Healthcare Bhd to Mitsui & Co Ltd as part of the sovereign fund’s portfolio restructuring, was done at a 20% premium.

KUALA LUMPUR (Oct 22): Khazanah Nasional Bhd has shortlisted four investors to be the strategic partner in Malaysia Airlines Bhd, according to Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.

The article has been amended for accuracy.

KUALA LUMPUR (Oct 10): During former Prime Minister Datuk Seri Najib Abdul Razak's rule, Khazanah Nasional Bhd had divested 84 assets between 2009 and 2018, when he was ousted in the 14th General Election.

KUALA LUMPUR (Oct 10): Integrated facility management and construction outfit Widad Business Group (WBG) has offered to buy the PLUS Expressways Bhd's concessionaires by taking over 51% of Khazanah Nasional Bhd's shares for RM1.

KUALA LUMPUR (Oct 9): M+S Pte Ltd, a 60:40 joint venture between Khazanah Nasional Bhd and Temasek Holdings Pte Ltd, is selling its wholly-owned subsidiary Ophir-Rochor Hotel Pte Ltd (ORH) to property developer Hoi Hup Realty Pte Ltd for S$475 million or S$1.

KUALA LUMPUR (Oct 7): As PLUS Malaysia Bhd is a strategic asset of Khazanah Nasional Bhd, its managing director Datuk Shahril Riza Ridzuan said it would be difficult to imagine the highway owner and operator in the hands of a private entity.

KUALA LUMPUR (Oct 7): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today Khazanah Nasional Bhd is identifying assets for sale as Malaysia's sovereign wealth fund aims to reduce its debt to between RM35 billion and RM40 billion as soon as possible.

KUALA LUMPUR (Sept 20): UEM Group Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, said part of the proceeds from the disposal of its subsidiary's stake in the operator of the 117km-long Cikopo-Palimanan (Cipali) toll road will be invested into Malaysia's key national infrastructure and other opportunities in Indonesia.