business

Khazanah Nasional Sells $340 Million Stake in Tenaga Nasional

24 Temmuz 2026Bloomberg

Khazanah Nasional Bhd., Malaysia's sovereign wealth fund, has divested a substantial stake in Tenaga Nasional Bhd., the country's state-owned power company, for 1.39 billion ringgit, equivalent to $340 million. This move reflects strategic financial decisions amidst changing market conditions.
The sale is indicative of Khazanah's ongoing efforts to optimize its investment portfolio.
Khazanah Nasional Bhd. plays a crucial role in Malaysia's economic landscape, managing significant state assets.
The sale of Tenaga shares by Khazanah may signal a shift in investment strategy, possibly influenced by the need for liquidity or a reassessment of the energy sector's prospects. Given the current dynamics in global energy markets, this divestment could also suggest a cautious approach towards state-owned enterprise…

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This article is based on information from sources familiar with the matter and may be subject to change.

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