Khazanah Nasional

SIA Engineering signs MOU with Khazanah-backed Impeccable Vintage Properties for hangar facilities in Subang - THE EDGE SINGAPORE

Aviation & Engineering

SIA Engineering signs MOU with Khazanah-backed Impeccable Vintage Properties for hangar facilities in Subang

The hangers will be located at Complex A at the Sultan Abdul Aziz Shah Airport in Selangor.
IHH to stretch balance sheet, on the lookout for acquisitions - THE EDGE SINGAPORE

Healthcare

IHH to stretch balance sheet, on the lookout for acquisitions

From a risk perspective, IHH prefers existing assets over greenfield projects
Rightsizing to achieve economies of scale - THE EDGE SINGAPORE

Company in the news

Rightsizing to achieve economies of scale

IHH Healthcare CEO Kelvin Loh believes operating a big hospital group is in the interest of both patients and shareholders

Global Economy

Briefs

Quoteworthy: "China cannot save the world but can save itself." –— David Gaud, Pictet Wealth Management’s Asia chief investment officer, on why he remains bullish on the world’s second largest economy.

Malaysia

Khazanah pursuing long-term targets on refreshed mandate

Those who have been paying attention would remember that Khazanah’s headline RM6.271 billion pretax losses for 2018 had followed a strategic review of its investments, which resulted in a RM7.3 billion impairment provision that year.
Temasek-Khazanah JV to sell Andaz Singapore for $475 mil

Property

Temasek-Khazanah JV to sell Andaz Singapore for $475 mil

KUALA LUMPUR (Oct 9): M+S, a 60:40 joint venture between Khazanah Nasional and Temasek Holdings, is selling its wholly-owned subsidiary, Ophir-Rochor Hotel (ORH), to property developer Hoi Hup Realty for $475 million (RM1.44 billion) or $1.39 million per

Malaysia

Northern exposure

Iskandar Malaysia attracted billions of dollars in investment from Singapore. But as the special development region nears its target ‘maturity’ date, it is now better known for its property glut than as the economic driver it was meant to be.
Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

Property

Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

(July 30): A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property development in Singapore, it said late on Monday.

Malaysia

Khazanah asset sales set to pick up

Units within UEM Group could be next to be divested as sovereign wealth fund rejigs portfolio and raises cash

M&A

Khazanah selling $2.8 bil stake in IHH Healthcare to Mitsui in portfolio revamp

KUALA LUMPUR (Nov 29): Malaysia's Khazanah Nasional is selling a 16% stake in Singapore-listed IHH Healthcare to Mitsui & Co for about RM8.42 billion ($2.76 billion) in cash, kicking off a restructuring of the sovereign wealth fund's portfolio und
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