Khazanah Nasional Berhad is the investment holding arm of the Government of Malaysia entrusted to hold and manage the commercial assets of the government and to undertake strategic investments. Khazanah was incorporated under the Companies Act 1965 on 3 September 1993 as a public limited company. The share capital of Khazanah is owned by the Minister of Finance, a body corporate incorporated pursuant to the Minister of Finance (Incorporation) Act, 1957.
Khazanah has a nine member board comprising representatives from the public and private sectors. Najib Tun Razak, the current Prime Minister of Malaysia is the Chairman of the Board of Directors.
Khazanah has stakes in more than 50 companies with assets valued in excess of US$20 Blion. Khazanah is also the state agency responsible for strategic cross-border investments. These companies are involved in various sectors such as power, telecommunications, banking, automotive manufacture, airport management, infrastructure, property development, broadcasting, semiconductor, steel production, electronics, investment holding, research technology and venture capital.
Some of the key listed companies in Khazanah's investment portfolio include UEM Group, Telekom Malaysia Berhad, Tenaga Nasional Berhad, CIMB Group, Proton Holdings Berhad, PLUS Expressway Berhad, Malaysia Airlines System Berhad, Malaysia Airport Berhad, PT Bank Lippo, and Time dotCom Berhad.