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KUALA LUMPUR: Sovereign wealth fund Khazanah Nasional Bhd posted a loss before tax of RM6.27bil in 2018 compared to a profit before tax of RM2.89bil a year earlier.
WITH the value of several of its core companies down significantly, it could be tough for Khazanah Nasional Bhd to post another year of positive investment performance as it did in 2017 this time around.
PETALING JAYA: Tan Sri Azman Mokhtar, who had helmed Khazanah Nasional Bhd for more than a decade, has said that aside from the controversial RM80mil losses in an online lingerie venture and the loss of its RM1.7bil stake in UBS, Khazanah has garnered more than a RM6bil gain from a single investment in e-commerce giant Alibaba.
KUALA LUMPUR: After two years of decline, the value of investments held by Khazanah Nasional Bhd hit an all-time high of RM115.6bil in 2017, boosted by surging stock prices at home and its investments in technology companies and stocks in China.