Khazanah portfolio hits new high in 2013, net worth up 19.1% to RM103.5bil


  • Business Premium
  • Tuesday, 21 Jan 2014

KUALA LUMPUR: Khazanah Nasional Bhd’s portfolio rose to a new record last year, as it reaped the benefits of ongoing transformation in its key investee companies.

The state investment agency saw the net worth of its portfolio rise 19.1% to RM103.5bil as at Dec 31, 2013, from RM86.9bil a year earlier. This represents a three-fold increase from RM33.3bil in May 2004, when Khazanah embarked on its transformation journey, or a compounded annual growth rate (CAGR) of 12.5% per year since 2004.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Khazanah

   

Next In Business News

Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week Premium
CPO futures on cautious tone next week Premium
PetChem finds good fit in Sweden’s Perstorp Premium
Short Position - CPO prices, Green hydrogen in Malaysia Premium
Chin Hin Group continues M&A spree Premium
Recovery theme sustains short-term interest in M-REITs Premium
New vehicle sales down 3.6% in April Premium
Khazanah in S. Korean partnership with SK ecoplant Premium
Higher palm oil price boost for Sime Darby Premium
Pharmaniaga’s quarterly revenue rises 21.26% Premium

Others Also Read