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Khazanah Nasional Bhd

Aviation & Engineering

Clock is ticking for Malaysia Airlines

(Nov 4): As the government prepares to choose a strategic investor for loss-making Malaysia Airlines (MAB), pressure is already building to get the choice right and to do it as quickly as possible.
CapitaLand Commercial Trust said to pursue $1.5 bil Duo office tower

Property

CapitaLand Commercial Trust said to pursue $1.5 bil Duo office tower

SINGAPORE (Mar 20): CapitaLand Commercial Trust (CCT), Singapore’s biggest office landlord, is among suitors in talks about a potential acquisition of the Duo office and retail development in the city, people with knowledge of the matter said.

Malaysia

Mahathir says some Malaysian state-owned entities may be listed

KUALA LUMPUR (Mar 19): Malaysia may list certain state-owned entities to cut government debt and liabilities, Prime Minister Mahathir Mohamad said on Tuesday as it seeks new revenue sources to boost its fiscal position.

Malaysia

To shut, sell or refinance Malaysia Airlines? PM Mahathir to decide 'soon'

(Mar 12): The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines (MAB), Prime Minister Mahathir Mohamad said on Tuesday.

Malaysia

Khazanah posts first pre-tax loss since 2005

KUALA LUMPUR (Mar 6): Khazanah Nasional Bhd posted its first pre-tax loss in 13 years in 2018, amid significant impairment provisions made during the year — a big chunk of which was due to Malaysia Airlines Bhd (MAB) — but hopes to return to profitabi

Malaysia

CIMB chairman Nazir, Malaysia ex-PM's brother, to resign

(Sept 25): Nazir Razak, the brother of Malaysia’s former prime minister, has decided to step down as chairman of the country’s second-largest bank by the end of this year.

Malaysia

Khazanah Nasional's entire board of directors resigns

SINGAPORE (July 26): Malaysia’s strategic investment fund, Khazanah Nasional Berhad, saw a major shake-up this morning, after all nine of its board members tendered their resignation, including managing director Tan Sri Azman Mokhtar.

Malaysia

Malaysia Airlines to start new airline

KUALA LUMPUR (Dec 1): Malaysia Airlines Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, has aborted plans to sell some of its Airbus A380 super-jumbos and instead will use all six of them to set up a new airline to serve the haj and umrah market.
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