💖 Please Subscribe:
✍ KUALA LUMPUR, Oct 30 — Khazanah Nasional Bhd (Khazanah)’s assets divestment exercise over the year only involved commercial assets and not strategic ones, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.. He said the liquidated assets had achieved its commercial target to generate revenues.. “Firstly, it was to pay Khazanah’s debts, not government debts and secondly, to be reinvested in new investments for Khazanah’s strategic assets,” he said when winding-up debate on the Supply Bill 2020 at the Dewan Rakyat here today. . Mohamed Azmin also said that Khazanah remained the largest single shareholder in some of the country’s leading government-linked companies (GLCs).. As of Sept 30, 2019, Khazanah’s strategic stake in Malaysia Airports Holdings Bhd was 33.21 per cent, Telekom Malaysia Bhd (26.15 per cent) and Tenaga Nasional Bhd (27.27 per cent), he added.. For the financial year of 2019, he said Khazanah was expected to chalk up profits of around RM5 billion compared with ...
💖
0 Comments