You are here

Malaysia's Khazanah says portfolio value rose to US$34.3b in 2015

Wednesday, January 13, 2016 - 14:46

ringgit.jpg
Malaysian state investor Khazanah Nasional Bhd said the value of its portfolio rose to 150.2 billion ringgit (S$49.2 billion) last year from 145.5 billion ringgit in 2014.

[KUALA LUMPUR] Malaysian state investor Khazanah Nasional Bhd said the value of its portfolio rose to 150.2 billion ringgit (S$49.2 billion) last year from 145.5 billion ringgit in 2014.

The sovereign wealth fund also said on Wednesday that it expected global and domestic volatility to continue this year after a challenging 2015.

Khazanah's investments include stakes in mobile services provider Axiata Group Bhd, property firm UEM Sunrise Bhd, electricity utility Tenaga Nasional Bhd and lender CIMB Group.

REUTERS

sentifi.com

Market voices on:

Powered by GET.comGetCom