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Sovereign Wealth Funds Briefing - Categorized | Investment

Khazanah invests US$150mln in Fajr

Posted on 07 October 2009

From Btimes.com.my: The state-owned investment fund’s purchase of a 25 per cent stake in Fajr represents the government’s participation in building cross-linkages between Malaysia and key Muslim markets, Khazanah managing director Tan Sri Azman Mokhtar said in a statement issued in Kuala Lumpur yesterday.

Khazanah’s purchase concluded with the completion of its first round of funding with commitments amounting to US$588 million (RM2 billion), bringing together prominent shareholders from key Muslim markets………………Full Article: Source

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