The sovereign wealth fund said in a statement that the article had selectively focused on a
KUALA LUMPUR: Khazanah Nasional Bhd’s divestment of almost RM50bil worth of assets in less than 10 years is to enable the sovereign wealth fund to crystallise the value of its investments and to fund its operations as well as investment activities.
Phillip Capital Management Asia-Pacific senior vice-president (Investment) Datuk Dr Nazri Khan Adam Khan said apart from funding Khazanah’s operations, the proceeds from the divestments are also used to fund bleeding strategic assets such as Malaysia Airlines.
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