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Rewiring Malaysia’s State Capital: Khazanah, EPF, KWAP and Sarawak

2nd October, 2025

Malaysia is entering a new phase of state-capital management, deploying the capital of state-owned investors to a range of sectors that will drive the Southeast Asian economy’s future growth.

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Fund of the Month (Oct'25): DP World

1st October, 2025

DP World was born in 2005 after the merger between Dubai Ports Authority and Dubai Ports International. A year later, its bid for some ports on the East Coast of the USA indirectly changed the SWF industry forever. In 2007, the company was listed in Nasdaq Dubai and raised US$ 5 billion, MENA’s largest ever IPO then. And in 2020, the company was delisted and went back to the full ownership of sovereign fund Dubai World. Today, DP World is the world’s fourth largest port operator and a highly active and acquisitive state investor.

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