| Khazanah Nasional Berhad is Malaysia's sovereign wealth fund entrusted to enhance the nation's long-term wealth. Its mandate is to grow Malaysia’s long-term wealth to sustainably increase the value of investments while safeguarding financial capital injected into the fund. Long-term refers to a period spanning generations and focuses on ensuring future generations’ ability to meet their needs.
Based on full financial statements ending in 2018, Khazanah's performance showed a significant drop. Two key indicators for measuring financial performance are the Realized Asset Value and Net Worth Adjusted . The RAV in 2018 is RM135.5 billion, a decrease of RM22 Billion or 14 percent compared to 2017. The NWA in 2018 is RM90.6 billion, a decrease of RM25 billion or 22 percent compared to 2017.
What is the rationale for appointing this Chinese citizen as Khazanah's board member and who will manage the funds of our country's sovereign funds? Is this appointment part of the prime minister's visit and a secret deal with the Chinese government? Dewan Pemuda Ikatan Malaysia urges Khazanah to defend our sovereignty, especially in a situation facing a superpower like China. We do not want to see China dictating Khazanah’s long-term strategy.
Khazanah_MY not obligated to defend our soverinity, they must make profit beside saviour for cronies
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