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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Investment

Khazanah to decide ‘fairly quickly’

Posted on 06 October 2010

From Btimes.com.my: Khazanah Bhd, Malaysia’s sovereign wealth fund, says it does not need too long to decide on MMC Corp Bhd’s proposal to take over UEM Group Bhd, which includes its cash cow PLUS Expressways Bhd.
“We understand that the government has already received it (the proposal) and we have had some discussions at the Khazanah board last week. In due course, we will make an announcement,” managing director Tan Sri Azman Mokhtar said………………………………………Full Article: Source


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