August 28, 2016 4:36 PM ET

Capital Markets

Company Overview of Khazanah Nasional Berhad

Company Overview

Khazanah Nasional Berhad operates as an investment arm of Government of Malaysia. Khazanah Nasional Berhad is a sovereign wealth fund of the Government of Malaysia specializing in investments in global Islamic Finance products, aviation, financial services, telecommunications, power, media and communications services, utilities, information technology, healthcare, education, renewable energy, creative economy, sustainable development and transportation sectors. The firm prefers to invest in Malaysia, India, Muslim majority world, and also considers other strategic cross border investments. It prefers to invest in government-linked companies. Khazanah Nasional Berhad was founded on September ...

Level 33

Tower 2

Petronas Twin Towers

Kuala Lumpur City Centre

Kuala Lumpur,  50088

Malaysia

Founded in 1993

Phone:

60 3 2034 0000

Fax:

60 3 2034 0300

Key Executives for Khazanah Nasional Berhad

Chief Executive Officer, Managing Director, and Director
Age: 55
Chief Financial Officer and Executive Director of Finance
Age: 48
Executive Director of Investments and Head of Khazanah Research and Investment Strategy
Age: 46
Executive Director of Strategic Human Capital Management and Head of Strategic Human Capital Management
Director and Head of Research
Compensation as of Fiscal Year 2016.

Khazanah Nasional Berhad Key Developments

SunEdison India Sale Said To Draw Hindujas

Hinduja Group Limited and Khazanah Nasional Berhad are among parties vying for SunEdison, Inc. (OTCPK:SUNE.Q)'s Indian solar assets, people familiar with the matter said. The Indian projects have also drawn interest from The Tata Power Company Limited (BSE:500400), Greenko Energies Private Limited and Sembcorp Industries Ltd (SGX:U96), according to the people. A deal could value the operations at about $700 million including debt, the people said. Suitors for the Indian assets of SunEdison haven’t made a final decision, and there’s no certainty the talks will result in a transaction, the people said. SunEdison could pick a winner in about a month, and may prefer bidders that already have a presence in India, according to one of the people. A representative for Hinduja didn’t immediately respond to e-mailed queries. SunEdison Asia-Pacific President Pashupathy Gopalan and spokesmen for Khazanah and Sembcorp Industries declined to comment. A representative for Greenko said founder Anil Kumar Chalamalasetty wasn’t immediately available to comment. Tata Power said in an e-mailed statement it is “evaluating various options to create shareholder value,” declining to comment further.

Sun Life And Khazanah Nasional In Talks To Acquire Stake In Hong Leong

Sun Life Financial Inc. (TSX:SLF) and Khazanah Nasional Berhad are seeking to acquire the insurance business of Hong Leong Financial Group Berhad (KLSE:HLFG). The deal is valued around MYR 3 billion. Khazanah and Sun Life are considering making a joint offer for Hong Leong's 70% stake in Hong Leong Assurance Berhad and its 65% stake in Islamic insurer Hong Leong MSIG Takaful Berhad.

Khazanah Nasional Reportedly May Bid For Hong Leong

Khazanah Nasional Berhad is weighing a bid for Hong Leong Financial Group Berhad (KLSE:HLFG) stake in Hong Leong Assurance Berhad and Hong Leong MSIG Takaful Berhad, people with knowledge of the matter said. Hong Leong Financial holds 70% stake in Hong Leong Assurance and 65% stake in Hong Leong MSIG. The bid could be valued at about MYR 3.2 billion, one of the people said. A representative for Khazanah declined to comment. Tan Kong Khoon, the chief executive officer of Hong Leong Financial, didn’t immediately answer a call to his office seeking comment.

Similar Private Companies By Industry

Company Name Region
1MDB Global Investments Limited Asia
AAA Proprietary Sdn Bhd Asia
AKKA Sdn Bhd Asia
AKN Equity Ventures Sdn Bhd Asia
Al-`Aqar Capital Sdn Bhd Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 10, 2016
Fractal Analytics Inc.
Private Placement
March 31, 2016
Garena Online Private Limited
Private Placement
March 9, 2016
Cainiao Network Technology Co., Ltd.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Khazanah Nasional Berhad, please visit www.khazanah.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.