Khazanah Will Continue To Divest Non-Core Assets In An Orderly Manner
24 May 2010 , By Bernama
National investment arm, Khanazah Nasional Bhd, will continue to divest its non-core assets but in an orderly manner, said its managing director, Tan Sri Azman Mokhtar.
"The answer is Yes but we will do it in an orderly manner," he said when asked whether Khazanah would be selling any of its non-core assets this year.
Azman said this to reporters on the sidelines of the Sixth World Islamic Economic Forum here Thursday.
He, however, declined to elaborate on its divestment plan.
"We are divesting the non-core and non-competitive assets. But it would not stop there as long as public interest is protected," he said.
Among its core assets are Iskandar Malaysia, Telekom Malaysia, Tenaga Nasional and highways, he said.
Azman was also one of the panelists at the Global CEO Panel Session, "The New Game Plan: Thriving in a Post-crisis World".
It was moderated by FBC Media president, John Defterios.
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