KUALA LUMPUR, March 5 (Bernama) — Khazanah Nasional Berhad (“Khazanah”) today announced its 2018 financial performance and a refreshed mandate, amidst an ongoing restructuring which will put Khazanah on a stronger footing for enhanced profitability and performance in 2019 and onwards.
Khazanah Managing Director Datuk Shahril Ridza Ridzuan said: “Our performance in 2018 was impacted by several key global and domestic developments in both the economic and social spheres. At the same time, the Government initiated a reset of Khazanah, which involved significant changes including a refreshed mandate. The organisational restructuring we are currently undertaking will enable us to execute and deliver on our role of growing Malaysia’s long-term wealth, beginning from this year.”