KUALA LUMPUR: Malaysia's Khazanah Nasional will help investors with issues abroad in its portfolio of listed companies and create value, according to its chief, told The Edge Weekly.
Amirul Feisal Wan Zahir said in an interview that Khazanah will be a bit more active to create value and leverage its position as a government investment arm to assist its portfolio firms with any issues in regulated industries abroad.
Amirul said he would not discount the possibility of more mergers and acquisitions, but he would not share specifics.
He said that the fund may reconstitute assets that were previously split into strategic and commercial baskets, as all investments with strategic importance should deliver commercial returns over time.
Amirul told the weekly that the fund's overall mandate has not changed much, though it's focus may have differed over different phases of development.
In 2019, Khazanah split its portfolio into commercial and strategic holdings as part of preparations to cut stakes in some large firms to improve returns under a new strategy.