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Sovereign Wealth Funds Briefing - Categorized | Market

Khazanah, Petronas to lead state asset sales

Posted on 31 March 2010

From Todayonline.com: Malaysia’s state-owned Khazanah Nasional and Petroliam Nasional (Petronas) will sell stakes in subsidiaries as the government accelerates efforts to reduce its business interests.

Khazanah, the government’s investment arm, will sell its stake in the national postal service, while state oil company Petronas will sell shares in two units on Bursa Malaysia, Prime Minister Najib Razak (picture) said yesterday……………………………….Full Article: Source

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