Norwegian fund Norges allots RM800mil to invest in Malaysian small, mid-cap stocks


PETALING JAYA: Norwegian fund Norges has allotted RM800mil more to invest in small to mid-cap stocks in Malaysia.

A market source said the foreign fund appointed Eastspring Investments Bhd about a month ago and was investing in general equity, with a preference for the small to mid-cap equity space.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Shell Malaysia to prioritise fuel supply continuity across retail network
Axteria to acquire 80% stake in Niaga Sari for RM35mil
Government to explore privatisation of two highway projects
Puncak Niaga’s Rozali to step down as executive chairman
ARKA to dispose 40% interest in Enfrasys Solutions for RM43mil
Ringgit closed mostly higher against major currencies, slightly lower versus US dollar
Hong Seng to recoup RM63.6mil debt with 184 Kajang apartments
Teraju introduces new fund to accelerate scaling of Bumiputera companies in Sabah
Crescendo disposes of Johor land for RM347mil
MCE to acquire 50% stake in FP Project for RM1.9mil

Others Also Read