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Khazanah Nasional

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Khazanah Nasional
Company typeGovernment-owned unlisted public limited company
IndustrieInvestment services
Gegründet1993
HauptsitzKuala Lumpur,
Malaysia Malaysia
Key people
Abdullah Ahmad Badawi, Chairman
Azman Mokhtar, Managing Director
ProdukteK.A.
RevenueUndisclosed
Websitewww.khazanah.com.my

Khazanah Nasional Berhad is the investment holding arm of the government of Malaysia to manage its commercial assets. It is the trustee to the nation's financial assets. Its objectives are "to promote economic growth and make strategic investments on behalf of the government which would contribute towards nation building". It was incorporated in September, 1993 and began operations in 1994. It is structured into a holding company that is a wholly entity of the Ministry of Finance (MOF) which is part of the Malaysian Government.

Key principles of Khazanah Nasional's mandate as a strategic investment house include

  • Creating sustainable value
  • Increasing national competitiveness
  • Cultivating a culture of high performance

These are to be achieved via four strategic initiatives

  • 1. Legacy investments: streamline, restructure, develop
  • 2. GLC transformation: Increase shareholder and strategic value
  • 3. New investments: Develop new markets and cross border investments
  • 4. Human Capital Management: New management practices and reward systems

As of 2005, most of its investments are in the fields of finance, telecommunications, utilities, communication services, information technology and transportation. Examples of well known Khazanah Nasional linked companies are Proton, MAS, UEM Group, Telekom Malaysia, Pos Malaysia, Tenaga Nasional and Astro All Asia Networks.