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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Khazanah prefers to invest in hospitals, not pharmaceuticals

Posted on 15 June 2010

From Thestar.com.my: The decision by Khazanah Nasional Bhd’s UEM Group Bhd to hive off Pharmaniaga Bhd does not run counter to its focus on healthcare, a source close to the Government investment arm said.
“Khazanah’s preference is to invest in hospitals and not pharmaceuticals. That explains why UEM’s stake in Pharmaniaga has been up for sale for some time now,” said the source………………………………………….Full Article: Source

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