The sovereign wealth fund said in a statement that the article had selectively focused on a
PETALING JAYA: A US$33bil Malaysian sovereign wealth fund has shut down its London office to focus on investments in Asia in the wake of an investment scandal that implicated the country’s former prime minister, says UK-based The Sunday Times.
Khazanah Nasional Bhd, which has a big stake in Chinese e-commerce giant Alibaba, and had backed collapsed British tech firm Blippar, quietly closed its doors at the end of last month, according to an email sent to investors and seen by The Sunday Times.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
