Khazanah exits from Malaysian Shoaiba Consortium with healthy profit


PETALING JAYA: Khazanah Nasional Bhd’s recent selling of all its stake from Malaysian Shoaiba Consortium Sdn Bhd to Malakoff Corp Bhd had seen it exit the investment with a healthy profit and targeted returns have already been achieved.

According to Khazanah, it had exited the investment at a value based on future cash flows of the project.

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