Khazanah Nasional

Malaysia

Northern exposure

Iskandar Malaysia attracted billions of dollars in investment from Singapore. But as the special development region nears its target ‘maturity’ date, it is now better known for its property glut than as the economic driver it was meant to be.
Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

Property

Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

(July 30): A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property development in Singapore, it said late on Monday.

Malaysia

Khazanah asset sales set to pick up

Units within UEM Group could be next to be divested as sovereign wealth fund rejigs portfolio and raises cash

M&A

Khazanah selling $2.8 bil stake in IHH Healthcare to Mitsui in portfolio revamp

KUALA LUMPUR (Nov 29): Malaysia's Khazanah Nasional is selling a 16% stake in Singapore-listed IHH Healthcare to Mitsui & Co for about RM8.42 billion ($2.76 billion) in cash, kicking off a restructuring of the sovereign wealth fund's portfolio und

Temasek-backed reinsurer's owners said to mull reviving sale

(Oct 24): CR Capital Holdings shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a deal with Chinese buyers fell apart, people familiar with the matter said.

From sovereign wealth fund to sovereign catalytic investor

SINGAPORE (Sept 3): Khazanah Nasional was formed in 1993 as a strategic investment fund of the government of Malaysia. Its stated objectives are to “hold-manage select commercial assets of the government, undertake strategic investments on behalf of th

M&A

Khazanah in talks to sell stakes in M+S, Pulau Indah Ventures to JV partner Temasek

SINGAPORE (Aug 23): Khazanah Nasional, Malaysia's sovereign wealth fund, is in talks to divest its 60% stake in M+S to its joint venture (JV) partner, Temasek Holdings, according to reports from The Malaysian Reserve.

In print this week

Reset of relations?

SINGAPORE (May 21): Ever cautious, Lee Hsien Loong’s Facebook post at 10.08am on May 10 noted how the outcome of the Malaysian election held a day earlier “represents a major change in Malaysian politics”.  

M&A

IHH gets right of first offer to acquire Prince Court Medical Centre from Khazanah

SINGAPORE (Mar 23): A move by Malaysia's IHH Healthcare to buy Prince Court Medical Centre from Khazanah Nasional would be seen as positive, according to Malaysia's MIDF Research.

Tech

Temasek unit among new wave of investors in Garena

SINGAPORE (Sept 5): Temasek Holdings’ wholly-owned subsidiary, SeaTown Holdings International, has joined Indonesia-based Global Digital Prima Venture and Japan-based Mistletoe in a new investment in Southeast Asia’s largest start-up, Garena Interacti
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