PETALING JAYA: Khazanah Nasional Bhd has completed the acquisitions of Malaysia Venture Capital Management Bhd (Mavcap) and Penjana Kapital Sdn Bhd (PK).
The sovereign wealth fund said these strategic acquisitions align with key objectives of Malaysia Madani Budget 2024, namely, strengthening the country’s venture capital (VC) ecosystem and improving public institutions.
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