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CNBC：Malaysia's sovereign wealth fund on why it did not invest in ride-hailing giant Grab

(Aug 5): Malaysia’s sovereign wealth fund Khazanah Nasional has defended its decision not to make an early investment in Southeast Asia’s ride-hailing and food delivery superapp Grab, CNBC said. Chief Investment Officer Azmil Zahruddin told CNBC the fund’s investment strategy was to focus on large investments — not direct startup deals. “Our DNA is that we manage large investments. VC investing is not really what we do, and it’s not really our expertise and skill set,” Zahruddin told CNBC.

Malaysia , Khazanah-nasional , Azmil-zahruddin , Southeast-asia , Investment-officer-azmil-zahruddin ,

Malaysia's Sovereign Wealth Fund on Why It Did Not Invest in Ride-Hailing Giant Grab

Malaysia’s sovereign wealth fund Khazanah Nasional has defended its decision not to make an early investment in Southeast Asia’s ride-hailing superapp Grab.

California , United-states , Malaysia , Istanbul , Turkey , Singapore , Malaysian , Malaysians , Khazanah-nasional , Azmil-zahruddin , Temasek , Turkey-wealth-fund

Malaysia's Sovereign Wealth Fund on Why It Did Not Invest in Ride-Hailing Giant Grab

Malaysia’s sovereign wealth fund Khazanah Nasional has defended its decision not to make an early investment in Southeast Asia’s ride-hailing superapp Grab.

Malaysia , Istanbul , Turkey , Dallas , Texas , United-states , Singapore , Malaysian , Malaysians , Khazanah-nasional , Azmil-zahruddin , Temasek