RM1bil for 'Fund-of-Funds' to invest in high-growth firms

Anwar Ibrahim News

RM1bil for 'Fund-of-Funds' to invest in high-growth firms
Prime MinisterKhazanah NasionalAllocation
  • 📰 staronline
  • ⏱ Reading Time:
  • 21 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 75%

It was a common scam that ended with an uncommon outcome, tragically in an Ohio driveway.

"I am pleased to share that Khazanah Nasional will launch a 'National Fund-of-Funds' with an initial RM1bil allocation to invest in innovative high-growth Malaysian companies," the Prime Minister said in his keynote address at the inaugural KL20 Summit here on Monday .

Among them is the Asean Investment Initiative between Khazanah Nasional, Kumpulan Wang Persaraan and Blue Chip Venture Capital that will invest RM3bil in the South-East Asian and Malaysian business ecosystems. "That is why today, I am pleased to announce the largest IC Design Park in South-East Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Prime Minister Khazanah Nasional Allocation National Fund-Of-Funds Investment Start-Ups High Growth Companies Ecosystem Chip Design IC Design Park KL20 Summit Rafizi Ramli Economy Minister

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘National fund of funds’: Khazanah getting RM1b to invest in high-growth Malaysian companies‘National fund of funds’: Khazanah getting RM1b to invest in high-growth Malaysian companiesKuala Lumpur: Prime Minister Datuk Seri Anwar Ibrahim today announced an initial RM1 billion allocation for sovereign wealth fund Khazanah Nasional Berhad to invest in innovative high growth Malaysian companies.
Read more »

Netizens Disagree With Government Providing Funds For Jasmine Suraya To Pursue Acting School In Los AngelesActress and television personality Jasmine Suraya has previously shared her plans to pursue an education at the famed acting school, the Lee Strasberg
Read more »

Billionaires sought to help fund Trump bond in civil fraud case, sources sayBillionaires sought to help fund Trump bond in civil fraud case, sources sayWASHINGTON, March 26 — Some major Republican donors were working together to help US presidential candidate Donald Trump fund the original bond amount needed to cover his $454...
Read more »

HSBC launches US$1b fund to help Asean digital businesses scale up, growHSBC launches US$1b fund to help Asean digital businesses scale up, growPETALING JAYA: HSBC today announced a US$1 billion (RM4.73 billion) Asean Growth Fund in six of the fastest growth countries in Asean, to help scale u...
Read more »

Funds available for villages: For agriculture and handicraft promotionFunds available for villages: For agriculture and handicraft promotionKUNAK: State Development Office Director Samsul Dollah said funds of RM50,000 to RM100,000 can be requested by every village for economic activities.
Read more »

Father seeks buyer to raise funds for son’s cancer treatmentFather seeks buyer to raise funds for son’s cancer treatmentHis 16-year-old son is suffering from stage one intestinal cancer.
Read more »



Render Time: 2025-02-26 09:18:22