Khazanah Nasional has sold assets worth about RM65 billion in the past 10 years, says Economic Affairs Minister Azmin Ali.
Economic Affairs Minister Mohamed Azmin Ali said the disposals in the past had been successful in lowering the wealth fund’s debt to RM47 billion from RM55 billion a year ago. “I’m not in a position to disclose any details. Once Khazanah and MAS conclude the exercise, we will make an appropriate announcement,” he said.
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Khazanah to slash debt to RM35-RM40 billion, says Azmin | The Malaysian InsightEconomic affairs minister says this will be done via asset disposals, investment sales.
Source: msianinsight - 🏆 8. / 63 Read more »
Khazanah to slash debt to RM35-RM40 billion, says Azmin | The Malaysian InsightEconomic affairs minister says this will be done via asset disposals, investment sales.
Source: msianinsight - 🏆 8. / 63 Read more »
Azmin: Khazanah's debts pared down by about RM8bil to RM47bilKUALA LUMPUR: Khazanah Nasional has managed to pare down its debts by about RM8bil and aims to push it down further to RM35-40bil, says Economic Affairs Minister Datuk Seri Azmin Ali. By selling assets or by income generated ? AzminAli Any idiot can do this by selling crown jewel assets. It's the toxic assets like MAS that we are watching what will happen.... A hair cut or worse sell off at RM1?
Source: staronline - 🏆 4. / 75 Read more »
Khazanah has no intention to sell PLUS, says MDKUALA LUMPUR: Khazanah Nasional Bhd, the majority shareholder of PLUS Malaysia Bhd, has affirmed that it is not going to sell its strategic asset to a... Why should Khazanah sell. Its an investment fund and this asset makes money and gives a decent ROI. Why should it be sold to prop or support a crony instead? How come they aren't interested in loss makers like Silterra which has been up for sale for years? Hope you are not mr flip flop.
Source: theSundaily - 🏆 25. / 51 Read more »
Khazanah has no intention of selling PLUS, says managing director | Malay MailKUALA LUMPUR, Oct 5 — Khazanah Nasional Bhd, the majority shareholder of PLUS Malaysia Bhd, has affirmed that it is not going to sell its strategic asset to any party. Its managing director Datuk Shahril Ridza Ridzuan said the group had rejected all takeover offers it received from local and... It's ok. Since Khazanah is a GLC, just perform your CSR & give the rakyat a 50% discount on all the tolls. Afterall, over the years, Khazanah had already made more than what it invested. Khazanah is also greedy in the sense that toll road fares have unreasonable profit. Their profit goes back to Government or EPF contributors are not full proof justification for their greed. Has Khazanah or EPF funds been diverted to unprofitable deals such as 1MDB? A Rakyat Toll Koperasi (RTC) would better serve Rakyat than Khazanah. RTC would be solely focus on Rakyat's interest and not diverse interest of Khazanah stake holders. Sole objective of RTC is to keep cost low. NO PROFIT ELEMENT. Can Khazanah prevent a repeat of 1MDB?
Source: malaymail - 🏆 1. / 86 Read more »
‘Huge moral hazard’ to put PLUS in private hands, says Khazanah MD | The Malaysian InsightShahril Ridza Ridzuan says highway concessionaire a national asset, should remain in the ownership of Malaysians.
Source: msianinsight - 🏆 8. / 63 Read more »