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Sovereign Wealth Funds Briefing - Categorized | Market

A more challenging media environment for corporate Malaysia?

Posted on 02 September 2010

From Csr-asia.com: Last week, the Malaysian newspaper The Star published an unusual article. It reported that the Norwegian Government Pension Fund’s (NGPF), one of the world’s largest sovereign wealth funds, announced that it would divest its holdings in Samling Global, a Malaysian forestry company listed on the Hong Kong Stock Exchange “due to an unacceptable risk of contributing to current and future severe environmental damage” from its activities in Sarawak, Malaysia and Guyana.
The pension fund had in its funds approximately USD1.3 million shares in Samling Global……………………………………….Full Article: Source


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