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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Tony Pua questions Khazanah’s investment in China education group

Posted on 12 February 2010

From Theedgemalaysia.com: Khazanah Nasional Bhd’s investment of 300 million yuan (RM150 million) in Oriental University City Ltd (OUC) in Hebei province, China, has raised more questions than confidence, said DAP national publicity secretary Tony Pua.

In a statement today, Pua, who is also the member of parliament for Petaling Jaya Utara, questioned Khazanah’s investment role, strategy and philosophy following the government investment arm’s recent acquisition of a 10% stake in OUC………………………………….Full Article: Source

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