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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Khazanah net assets jump 24pct after IHH Healthcare, Astro IPOs

Posted on 18 January 2013

Khazanah Nasional Bhd., Malaysia’s state investment company, said the value of its holdings rose 24 percent last year after making gains from divesting shares in companies, including Asia’s biggest hospitals operator.
The net asset value of Khazanah’s investments climbed to 86.9 billion ringgit ($29 billion) at the end of 2012 from 70 billion ringgit a year earlier, the Kuala Lumpur-based fund said in a statement today. It outperformed a 10 percent gain in the benchmark FTSE Bursa Malaysia KLCI Index, which closed the year at a record………………………………………..Full Article: Source


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