Malaysian Government Seeks to Support Equity Market

Posted on 09/24/2015

Khazanah’s chairman who is the Malaysian Prime Minister announced that 20 billion MYR (US$ 4.65 billion) would be allocated to ValueCap Sdn Berhad to stabilize markets. This money would then be invested in undervalued listed equities in Malaysia’s market. The money would be funded by ValueCap’s three main shareholders, Khazanah, Kumpulan Wang Persaraan (KWAP) and […]

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