PETALING JAYA: Khazanah Nasional Bhd confirmed its wholly-owned special-purpose vehicle (SPV), Granatum Ventures Sdn Bhd, will divest its 100% stake in Iskandar Malaysia Studios Sdn Bhd (IMS) to Studio Management Services Sdn Bhd (SMS).
The sovereign wealth fund said it remains committed in retaining the positive economic spillover benefits on the social economy while aligning its strategic imperatives of Advancing Malaysia, ensuring value creation, capacity building and societal impact for the country.
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