Malaysia's Khazanah sells stakes worth $1.4 billion, including in Alibaba

Malaysia's Khazanah sells stakes worth $1.4 billion, including in Alibaba

5 years ago
Anonymous $6AJGTL-6_8

https://www.reuters.com/article/us-khazanah-divestiture/malaysias-khazanah-sells-stakes-worth-1-4-billion-including-in-alibaba-idUSKBN1XZ14V

Malaysia's sovereign wealth fund Khazanah Nasional Bhd has sold stakes worth 5.66 billion ringgit ($1.36 billion) in seven foreign firms including Alibaba Group Holding Ltd in the first 16 months of the current government, a minister said.

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