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Ifvex

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2025-03-17 05:30:11 -

Khazanah to acquire INCJ’s stake in Malaysia’s telecommunications infrastructure firm EDOTCO
Malaysia’s sovereign wealth fund Khazanah Nasional Berhad and Innovation Network Corporation of Japan (INCJ) have announced that Khazanah will acquire INCJ’s stake in Malaysian telecommunications infrastructure provider EDOTCO Group. The duo said in a statement on last Friday that the strategic transaction is reflecting the strong relationship between Malaysia and Japan. Khazanah...

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Ifvex

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2025-02-06 06:03:07 -

Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia’s sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities. The firm said in a statement that its balance sheet remains healthy with realizable asset value (RAV) over debt ratio...

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