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Sovereign Wealth Funds Briefing - Categorized | Trends

Khazanah’s 10 years of reform

Posted on 30 January 2014

Over the past decade, Khazanah Nasional Bhd has seen some hits and some misses in its efforts to transform the government-linked companies (GLCs) in its stable into regional champions. Khazanah expects to see the seven GLCs in its stable — CIMB Group Bhd, Axiata Bhd, Telekom Malaysia Bhd, Malaysia Airports Holdings Bhd, UEM Sunrise Bhd, Tenaga Nasional Bhd and Malaysian Airline System Bhd (MAS) — “graduate” in July 2015 and become high-performing entities.
Many are likely to point out that loss-making MAS has yet to qualify for graduation. The national carrier is still a long way from the finishing line in its transformation journey………………………………………..Full Article: Source


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