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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Sovereign fund taking shape

Posted on 25 November 2016

The government is seeking to set up an investment holding company next year for government shareholdings, part of a wider effort to improve the performance of state enterprises. A law to boost the governance of such firms and enable the creation of the holding company may be enacted by March, according to Ekniti Nitithanprapas, the director general of the State Enterprise Policy Office.
“We’d like the holding company to work in an efficient way like Temasek or Khazanah,” Mr Ekniti said in an interview in Bangkok on Wednesday, referring respectively to Singapore’s state-owned investment firm Temasek Holdings Pte and Malaysia’s sovereign fund Khazanah Nasional Bhd………………………………….Full Article: Source


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