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, […]

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