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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Khazanah to accelerate divesting stakes in GLCs

Posted on 02 July 2009

From Nst.com.my: Khazanah Nasional Bhd, the government’s investment arm, will continue and accelerate the trend of divesting through trade sales and reducing its stakes in large listed goverment linked companies (GLCs) subject to value, over the next two to three years.
“In the last five years alone, Khazanah has made divestments totaling RM12.6 billion locking in gains of RM3.6 billion over 20 transaction,” he said………Full Article: Source


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