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Top related persons:
Amirul Feisal Wan Zahir - 2 Khazanah - 1
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Khazanah Nasional Kuala Lumpur
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CNBC - 1 Energy Asia - 1

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☆ Malaysia's sovereign wealth fund seeks greater portfolio resilience in volatile markets
  + stars: | 2023-06-27 | by ( Clement Tan | ) www.cnbc.com   time to read: +1 min
Malaysia's sovereign wealth fund Khazanah Nasional is rebalancing its investment portfolio for greater resilience against market volatility, according to its managing director. Khazanah's net asset value declined 5% to 81 billion ringgit ($17.4 billion) in 2022 from a year ago, hit by global market downtrends, the fund said in March. The Kuala Lumpur-based fund invests more than half of its portfolio in public markets. "Looking at the volatility in the market, we are still in the process of rebalancing our portfolio," he added. Khazanah posted a 1.6 billion ringgit ($343 million) net profit in 2022 — more than doubling its net profit from the year before and a fourth-straight annual net profit after an unprecedented plunge in 2018.
Persons: Amirul Feisal Wan Zahir, Khazanah Organizations: CNBC, Energy Asia Locations: Khazanah Nasional, Kuala Lumpur
☆ Malaysia's Khazanah Nasional Berhad explains its strategy for volatility
  + stars: | 2023-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia's sovereign wealth fund on rebalancing portfolio for greater resilience in volatile marketsManaging Director Amirul Feisal Wan Zahir said there are opportunities even in the current volatile environment.
Persons: Amirul Feisal Wan Zahir
☆ Exclusive: Malaysia's Edotco, backers plan stake sales in hot telco towers market -sources
  + stars: | 2023-03-10 | by ( Anshuman Daga Yantoultra Ngui | Anshuman Daga | Yantoultra Ngui | ) www.reuters.com   time to read: +3 min
The move comes as global infrastructure funds are pouring huge sums of money to acquire capital-intensive telecom infrastructure assets in Southeast Asia, seeing strong growth opportunities. The sources said discussions are taking place for a minority stake to be sold in the decade-old Edotco, which is 63% owned by Axiata. However, three of the sources said there was a possibility that Axiata could even consider giving majority control in order to secure a deal. The sources said the bulk of the proceeds from the share sales will likely fund Edotco's business expansion. While broader dealmaking activity has fallen sharply over the past year due to weak equity markets and rising interest rates, telecom tower assets have been a bright spot.
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