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1-10 results from 871 for query «khazanah nasional»

August 3, 2018 7:30 AM EPF CEO Shahril appointed Khazanah MD

PETALING JAYA: Khazanah Nasional Bhd today announced that Datuk Shahril Ridza Ridzuan has been appointed as its managing director. In a statement released by the sovereign wealth fund today, it said Shahril will assume the post on Aug 20. Shahril, 48, is currently the Chief Executive Officer of the Employees Provident Fund (EPF), having been appointed 14

July 31, 2018 4:03 PM Azmin: Khazanah to be managed by professionals, Mahathir’s appointment by convention

KUALA LUMPUR: Despite the appointment of Tun Dr Mahathir Mohamad and Datuk Seri Mohamed Azmin Ali to the board of Khazanah Nasional Bhd, the day-to-day running of the sovereign state fund will still be handled by professionals. Mohamed Azmin, who is Economic Affairs Minister, said the prime minister was reviewing a list of names that would be appointed 7

July 30, 2018 3:22 PM Hassan, Sukhdave make comeback to corporate Malaysia

PETALING JAYA: The Prime Minister's Office has appointed Tan Sri Mohd Hassan Marican and Dr Sukhdave Singh to the board of Khazanah Nasional Bhd, marking the comeback of the two to corporate Malaysia. Prime Minister Tun Dr Mahathir Mohamad accepted the en masse offer of resignation by the board of Khazanah Nasional headed by long serving Tan Sri Azman 17

July 30, 2018 11:01 AM Azmin, Hassan Marican, Sukhdave appointed to Khazanah Board

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad has been appointed chairman of the board of Khazanah Nasional Bhd, with immediate effect, the Prime Minister's Office announced today in a statement. Datuk Seri Mohamed Azmin Ali, Tan Sri Mohd Hassan Marican, Dr Sukhdave Singh and Goh Ching Yin have also been appointed directors of the sovereign wealth 9

July 15, 2018 7:50 AM Not a Renong 2.0, please

PRIME Minister Tun Dr Mahathir Mohamad commanded the support of the majority in forming a new Malaysia. A sizeable number in government-linked companies (GLCs) were and are still with the 93-year-old prime minister in his mission to reform the government and reduce excesses. But his plan to change the way some GLCs and their parent company work would 18

July 9, 2018 7:41 AM The PH Government’s new plans for Khazanah Nasional will open the doors for a return to piratisation and crony capitalism

Last Friday, Prime Minister Tun Mahathir claimed that national sovereign fund Khazanah Nasional had deviated from its original objective of helping the Bumiputera. Tun Mahathir now wants Khazanah Nasional to eventually hand-over its profitable assets to certain Bumiputera individuals. When the transformation program was launched a decade ago, the past BN government 25

July 6, 2018 8:49 AM MTDC preparing undergrads for Industry 4.0

BANGI: How does a new graduate adjust to technology rapidly changing the way we do things, jobs experiencing major transformations and the Fourth Industrial Revolution (Industry 4.0) which calls for new abilities? In a step towards helping them overcome these challenges, the Malaysian Technology Development Corporation (MTDC) and Ministry of Education 16

July 6, 2018 6:47 AM Return to 'core purpose', PM tells Khazanah

KUALA LUMPUR: Khazanah Nasional Bhd, the country's sovereign wealth fund, should go back to one of its core purposes of helping the Bumiputras, Prime Minister Tun Dr Mahathir Mohamad said. He said the fund was initially formed to buy shares allocated to the Bumiputras, who would normally buy shares and sell them to others immediately. "So to stop them from doing 22

May 24, 2018 10:41 AM Finance Ministry confirms funds from BNM, Khazanah used to service 1MDB debts

PUTRAJAYA: The Finance Ministry today confirmed that Bank Negara Malaysia (BNM) and Khazanah Nasional Berhad had made payments to the ministry in two separate deals to help service 1Malaysia Development Berhad (1MDB) debt obligations. Finance Minister Lim Guan Eng said the deals amounted to RM3.26 billion, of which RM2.06 billion was raised through the sale of a piece 9

May 24, 2018 5:47 AM MoF asked for repayment of RM1.199b shareholder capital from Khazanah in 2017

PETALING JAYA: Khazanah Nasional Bhd today acknowledged that it had paid RM1.199 billion in shareholder capital to Ministry of Finance (MoF) in August 11, 2017, but explained that it has no control over the use of the funds by the Ministry. In a short statement issued earlier, the country's strategic investment arm stated that it had made a close to RM1.2 billion 19