Khazanah Nasional Sold off Shares of Alibaba
Posted on 11/26/2019
In the first 16 months of the current executive government, Khazanah Nasional Berhad sold positions in seven foreign companies including Alibaba Group Holding, according to a government minister. Khazanah Nasional sold a stake in Alibaba Group Holding worth 2,230,000,000 MYR. “Seeing that Khazanah does not receive any fund injection from external sources for its investments, […]