Strategic move: Azmin (left) and Shahril Ridza shaking hands at the Khazanah Megatrends Forum 2019 at the Mandarin Oriental in Kuala Lumpur.
KUALA LUMPUR: Having pared down its debt level through asset sales this year, Khazanah Nasional is targeting a profit of RM5bil this year and a further reduction of debt to RM40bil in the medium term.
Economic Affairs Minister Datuk Seri Azmin Ali said the sovereign wealth fund had managed to shave its debt level by RM8bil to RM47bil this year.
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