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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek, Khazanah form joint venture to develop wellness township in Johor

Posted on 27 May 2010

From Chinapost.com.tw: Temasek Holdings, Singapore’s government-owned investment arm, and Malaysia’s Khazanah Nasional Berhad will form a joint venture company to develop a wellness township in Johor’s Iskandar Malaysia Region.
Malaysia and Singapore have been in talks to work together on an ‘iconic’ development in the region since late last year. On Monday, following a retreat between Prime Minister Lee Hsien Loong and Malaysian Prime Minister Najib Razak, the two leaders agreed on the framework of this partnership……………………………………….Full Article: Source


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