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KUALA LUMPUR: Khazanah Nasional Bhd made a healthy profit from the sale of its 40% stake in Malaysian Shoaiba Consortium Sdn Bhd to Malakoff Corporation Bhd as it had achieved the commercial objectives of its investment.
PETALING JAYA: Khazanah Nasional Bhd disposed of a block of IHH Healthcare Bhd shares valued at RM828.7mil in off-market trades in a move to add liquidity to the stock, sources said.
KUALA LUMPUR: Khazanah Nasional Bhd divested its entire 45.03% stake in Time Engineering Bhd to Censof Holdings Bhd at 20 sen per share for RM69.8mil cash.
KUALA LUMPUR: Khazanah Nasional Bhd’s insurance holding company, Avicennia Capital Sdn Bhd, has completed the acquisition of a 90% stake in Istanbul-based Acibadem Saglik ve Hayat Sigorta AS (Acibadem Sigorta) for US$252mil (RM810mil).
KUALA LUMPUR: Datuk Charon Mokhzani will lead the newly established Khazanah Research Institute (KRiS) with effect from Wednesday as it looks at broader national issues as well as those related to Khazanah Nasional Bhd.
KUALA LUMPUR: Khazanah Nasional Bhd’s portfolio value (net worth adjusted or NWA) rose 19.1% in 2013, which was a three-fold increase to RM103.5bil from RM33.3bil in May 2004.