As it approaches its 30th anniversary, Malaysia’s sovereign wealth fund, Khazanah, tripled its profit to MYR5.9 billion (US$1.26 billion) in 2023, boosted by dividends from its portfolio companies, with MYR1 billion passed on to the government.Net asset value rebounded by about 4% in 2023 to MYR84.8 billion (US$18 billion) from...
As it approaches its 30th anniversary, Malaysia’s sovereign wealth fund, Khazanah, tripled its profit to MYR5.9 billion (US$1.26 billion) in 2023, boosted by dividends from its portfolio companies, with MYR1 billion passed on to the government.Net asset value rebounded by about 4% in 2023 to MYR84.8 billion (US$18 billion) from...