Tag "Khazanah Nasional Bhd"
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Khazanah, govt to further review proposals for Malaysia Airlines
KUALA LUMPUR: Malaysia’s sovereign wealth fund Khazanah Nasional Bhd says it will continue to work closely with the government and Malaysia Airlines to further review the proposals and finalise a decision on the appropriate strategic option moving forward. Managing director Shahril
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Khazanah reports RM7.36 bln profit
KUALA LUMPUR: Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns. It
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Mahathir received five proposals for ailing Malaysia Airlines
Malaysia has received five proposals for its debt-laden national carrier Malaysia Airlines, Prime Minister Mahathir Mohamad said at a group media briefing today. “There are about 5 proposals but of course some of them are just no go,” Mahathir said
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Lim: Personal data in e-Tunai Rakyat programme is kept safe
KUCHING: Finance Minister Lim Guan Eng said all personal data received through the e-Tunai Rakyat will be stored as private by the implementing agency, Khazanah Nasional Berhad. He said Khazanah Nasional Berhad was a wealth fund investment company owned by
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PMO: PLUS to slash toll rates in Feb but concession period extended for 20 years
PUCHONG: All highways owned by the North-South Expressway (PLUS) will reduce its toll rates by 18%, starting Feb 1. In a statement today, the Prime Minister’s Office (PMO) said the decision to reduce the toll rates was made in a
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Mahathir: Govt not selling PLUS but highway operator must reduce toll rates
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad said that government has decided not to sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Berhad but the concessionaire will have to reduce toll rates. Mahahtir said PLUS, the country’s biggest highway concessionaire, would
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Khazanah sells stakes worth RM5.66 billion, including in Alibaba
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd has sold stakes worth RM5.66 billion (US$ 1.36 billion) in seven foreign firms including Alibaba Group Holding Ltd in the first 16 months of the current government, a minister said. Khazanah, which made
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Azmin: Khazanah Nasional will remain MAB main shareholder
KUALA LUMPUR: Khazanah Nasional Bhd will remain as an influential and important shareholder under a new structure of Malaysia Airlines Bhd (MAB), said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali. He said the government through Khazanah and Malaysia Aviation
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Government ready to review any bids for PLUS
KUALA LUMPUR: The government is ready to review any bids to buy PLUS Malaysia Bhd (PLUS), said Prime Minister Tun Dr Mahathir Mohamad. The government, he said, has adopted an open approach to any bidding and would make its decisions
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Khazanah to further pare down debt to RM35-RM40 bln
KUALA LUMPUR: Khazanah Nasional Bhd is to further pare down its debt to between RM35-RM40 billion from RM47 billion currently via continued assets disposal and investment sales activities, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said. The disposals and
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