Khazanah gains from shift in portfolio of investments

Azman: ‘Whenever there is some value creation, it’s important to divest in a very gradual way.’

Alibaba proceeds used to invest in other technology firms

THE gradual shift in sovereign wealth fund Khazanah Nasional Bhd’s portfolio of investments to include companies involved in the innovation and technology sector is bearing fruit with the proceeds from a partial divestment in Chinese e-commerce firm Alibaba Group Holding Ltd having been used to invest in other technology firms.