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Income from investee companies rises to RM5.2bil
KUALA LUMPUR: Khazanah Nasional Bhd expects the global aviation industry to recover at the earliest, in 2023 or 2024, but believes Malaysia Airlines Bhd has the right cost structure and balance sheet to ride through the tough journey, post-pandemic.
KUALA LUMPUR: It is a valid request for the government to ask for a higher dividend for 2020 due to the extraordinary financial pressure faced last year, said Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan.
KUALA LUMPUR (REUTERS): Khazanah Nasional Bhd said there was a "minor dilution" to its equity in the national carrier due to debt-for-equity conversions that some creditors took up, and that the fund remained the largest shareholder.
KUALA LUMPUR: Khazanah Nasional Bhd, which saw its profit from operations fall to RM2.9bil in 2020, declared a dividend of RM2bil for the Government.
KUALA LUMPUR: Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan has neither confirmed nor denied that he is leaving the sovereign wealth fund.
Employment in the country continued to rise in August as economic activities resumed from July this year.
KUALA LUMPUR: Khazanah Nasional Bhd has the option to channel funds to low-cost carrier Firefly which could become the country’s national airline if Malaysia Airlines was shut down, accoridng to the head of the sovereign wealth fund.
KUALA LUMPUR (Reuters): Malaysia's Khazanah Nasional has the option to channel funds to low-cost carrier Firefly, which could become the country's national airline if Malaysia Airlines (MAS) were shut down, the head of the sovereign wealth fund was quoted as saying on Wednesday (Oct 14).