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Malaysia's KNB Announces 2023 Returns | Chief Investment Officer

Malaysia's KNB Announces 2023 Returns | Chief Investment Officer
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Big task ahead for Khazanah

A strong SWF is also vital for the development of the country

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Khazanah Nasional committed to ensuring Malaysia Airlines' sustainability

Khazanah Nasional committed to ensuring Malaysia Airlines’ sustainability
05 Mar 2021 / 09:30 H.
Khazanah has committed to putting in up to RM3.5 billion over the course of five years for the airline’s restructuring plan. – BERNAMAPIX
PETALING JAYA: Khazanah Nasional Bhd will continue to provide support and cooperation to ensure Malaysia Airlines’ sustainability post-pandemic and will focus on supporting the national carrier’s holding company Malaysia Aviation Group Bhd (MAG) with its internal restructuring in 2021.
Khazanah managing director Datuk Shahril Ridza Ridzuan said what it has done with the airline’s restructuring plan is to essentially negotiate well with its stakeholders.
“Khazanah has committed to putting in up to RM3.5 billion over the course of five years for the restructuring plan. We accept that Malaysia Airlines is strategic to the country especially at this time when other airlines are not flying. We still need a national airline to connect to the world, to bring in cargo and supplies like vaccines.

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Khazanah MD: Valid for govt to seek higher dividends during trying times

Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan: "On the (dividend) request from the government, whether you consider it as a higher dividend for 2020, to help support the government during this time, I think it is a valid request and due to the higher budget approved for 2020."
KUALA LUMPUR: It is a valid request for the government to ask for a higher dividend for 2020 due to the extraordinary financial pressure faced last year, said Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan.
According to the Khazanah Annual Review 2021 released today, the sovereign wealth fund declared a dividend of RM2.0 billion for 2020 to the government, double the RM1.0 billion dividend declared for 2019.

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Valid for govt to ask for higher dividend in trying times

Valid for govt to ask for higher dividend in trying times
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