Khazanah posts more than RM6 billion in losses
Khazanah Nasional managing director Shahril Ridza Ridzuan at its annual performance review in Kuala Lumpur today. The company says global and domestic developments were behind its poor performance last year. – The Malaysian Insight pic by Najjua Zulkefli, March 5, 2019.
SOVEREIGN wealth fund Khazanah Nasional Bhd today reported losses of RM6.27 billion last year from a profit of RM2.896 billion the year before. Khazanah said its portfolio value, as measured by its net worth, also declined RM25 billion to RM91 billion at end 2018 from RM116 billion the year before. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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