Khazanah National Berhad

Khazanah At Glance

Khazanah Nasional is the investment holding arm of the Government of Malaysia and is empowered as the Government’s strategic investor in new industries and markets. As trustees to the nation’s commercial assets, our main objective is to promote economic growth and make strategic investments on behalf of the Government which would contribute towards nation building.

Khazanah is also tasked to nurture the development of selected strategic industries in Malaysia with the aim of pursuing the nation’s long-term economic interests.

Khazanah has investments in over 50 major companies, both in Malaysia and abroad, and our companies are involved in a broad spectrum of industries.

Khazanah is also the key agency mandated to drive shareholder value creation, efficiency gains and enhance corporate governance in companies controlled by the government, commonly known as Government-Linked Companies, or GLCs.

History

Khazanah Nasional is a driving force in shaping selected strategic industries in Malaysia, nurturing their development and doing so with the objective of pursuing the nation’s long-term economic interests.

As we move forward, Khazanah is entrusted to explore strategic investment opportunities in new sectors and new markets. We aim to manage our investment portfolio to realise its long-term potential, and at the same time investing in what we believe would be future winners.

Our current investments are distributed among various industries, mainly; finance, telecommunications, utilities, communication services, information technology and transportation. We are also venturing into other promising sectors with the vision to lead and develop strategic industries.

Vision and Mission

Khazanah will be regarded as a leading regional strategic investment house that drives superior corporate performance with high standards of achievement in sectors that are deemed strategic to the nation’s economy. We are committed to building a globally competitive Malaysia by developing the right human capital and maintaining the highest professional ethics. We shall develop a high level of integrity and professionalism with the aim of earning the trust of those with and for whom we work.

Our Culture

We look to cultivate a team committed to nation building as its common bond. This culture defines us as individuals who, collectively, enrich the institution by energising it with ideas, expertise and talents that come from a myriad of disciplines.

Strategy – Introduction

Key themes of Khazanah Nasional’s mandate as a strategic investment house include:

  • Creating sustainable value
  • Raising national competitiveness
  • Cultivating a culture of high performance

These are to be achieved via four strategic pillars; namely:

  • Legacy investments: Streamline, restructure, nurture
  • GLC transformation: Increase shareholder and strategic value
  • New investments: New sectors, cross border
  • Human capital management: Active development of Human Capital for the nation

The framework for change in Khazanah Nasional’s mandate announced by YABhg. Tun Abdullah Ahmad Badawi in May 2004 is within the broader context of the very important task of improving national competitiveness. This is especially pertinent in view of the increasing pressures of liberalisation and globalisation.

Khazanah is to take on a proactive role to catalyse the transformation of the Government-Linked Companies (GLC) into high-performing entities that are better prepared for a more liberalized world. GLCs are companies that have a primary commercial objective and in which the Malaysian Government has a direct controlling stake. The GLC transformation program is part of an ongoing effort by the government to drive the development of and grow the Malaysian economy by enhancing the performance of the companies under its control.

In this respect, Khazanah’s role as an active strategic investor now involves driving and creating greater shareholder and strategic value. The first involves financial returns, the second, generally, in terms of enhancing capabilities. This may involve, where appropriate, taking calculated risks on behalf of the nation in new sectors and new markets that are deemed important in terms of penetration, linkages and potential for the nation’s long-term competitiveness.

Agriculture

Malaysian Agrifood Corporation Berhad (MAFC)

Malaysian Agrifood Corporation Berhad (MAFC) is a wholly owned subsidiary of Khazanah Nasional Berhad (KNB) set up for the purpose of reinventing the Malaysian agricultural food distribution system and increase Malaysia’s competitiveness in providing reliable and quality supply of fresh produce. Our main thrust of activity involves the food supply chain management and logistics. We develop comprehensive supply chain strategies and commit to introduce the best practices in the food supply.

Automotive

PROTON (Proton Holdings Bhd)

Public Listed

Proton was incorporated in 1983 to manufacture, assemble and sell motor vehicles and related products, including accessories, spare parts and other components. Proton produced Malaysia’s first car, the Proton Saga, commercially launched in 1985. Currently, Proton is the leading Malaysian national car manufacturer and has a dominant market share of the local automotive market.

<!–

Modenas (Motosikal dan Enjin Nasional Sdn. Bhd.)

Motosikal dan Enjin Nasional Sdn. Bhd. – MODENAS – was established in tandem with Malaysia’s efforts to achieve industrialised nation status, now ubiquitously known as Vision 2020. MODENAS spearheads the technology transfer and development of motorcycle manufacturing, to eventually enable the country to proudly produce indigenous motorcycles

www.modenas.com.my

–>

Basic Materials

CIMA (Cement Industries of Malaysia Bhd)

CIMA Group is one of the largest cement and concrete manufacturers in Malaysia. The company is based in Perlis and is the proud manufacturer of the Blue Lion and NS cement brands in the country.

Financial Institution Group

ACR (Asia Capital Reinsurance)

ACR was incorporated in December 2006 with a paid-up capital of US$620 million. The company focuses on reinsurance of large specialized risks in segments such as aviation, marine, energy, large infrastructure and engineering projects, writing business across Asia. ACR has an underwriting license from the Monetary Authority of Singapore and an A- Financial Strength Rating (Excellent) from A.M. Best.

Bank Muamalat (Bank Muamalat Malaysia Bhd)

Bank Muamalat Malaysia Berhad, the second full-fledge Islamic bank to be established in Malaysia after Bank Islam Malaysia Berhad, is poised to play its role in providing Islamic banking products and services to Malaysians, irrespective of race or religious beliefs, thus contributing to the development of modern Malaysia.

CIMB Group

Public Listed

CIMB Group is Malaysia’s second largest financial services provider which is listed on Bursa Malaysia through Bumiputra-Commerce Holdings Berhad (BCHB). CIMB Group has its roots as a premier investment bank and a consumer bank with the largest network locally. Its strategic expansion drive has enabled it to leverage the Group’s consumer banking services and gain further scale in the marketplace making it one of the leading universal banks in the region.

CIMB Group connects to its customers through 3 brand entities – CIMB (investment bank), CIMB Bank (consumer bank) and CIMB Islamic (which operates as a comprehensive parallel bank within the Group). In addition, the Group’s key strengths also lie in Private Banking and Asset Management

CIMB Niaga

Public Listed

CIMB Niaga is currently the seventh largest bank in Indonesia in terms of assets. The majority of the Bank’s equity had been held by Bumiputra-Commerce Holdings Berhad (BCHB) since 25 November 2002 and on 16 August 2007 was transferred to CIMB Group Sdn Bhd, a wholly owned subsidiary of BCHB.

Valuecap (Valuecap Sdn Bhd)

Established in 2002, Valuecap is a fund management company which was created to invest specifically in the Malaysia equities market. Owned jointly by Khazanah, PNB and KWAP, Valuecap’s key mandate is to undertake investments in equities listed on Bursa Malaysia on a portfolio basis, based on superior fundamental investment research.

Healthcare

Apollo (Apollo Hospitals Enterprise Ltd)

Public Listed

Apollo is India’s largest private hospital group. It is listed on the stock exchanges of India, Madras and Mumbai. Apollo owns and/or manages a network of 37 hospitals in India and also has presence in Sri Lanka, Bangladesh, the UAE, Nepal, Ghana, Nigeria, the United Kingdom and the Kingdom of Saudi Arabia. It is an integrated healthcare player operating over 180 pharmaceutical outlets, more than 50 clinics, seven nursing colleges, participates in the medical BPO segment, and is the largest third party administrator in India. Apollo was founded in 1983 by US-based cardiologist, Dr. Prathap C. Reddy.

International Medical University Malaysia

The International Medical University is Malaysia’s premier private medical university, offering students a high quality medically-related education alternative to studying abroad. The University boasts a population of over 1,800 students, undertaking degree programmes in Medicine, Pharmacy and Nursing and postgraduate programmes in Medical Sciences and Community Health by research. In partnership with 25 Partner Medical Universities, students can also graduate with degrees in Medicine from prestigious, internationally recognized medical schools in Australia, Canada, Ireland, New Zealand, the United Kingdom and United States of America.

Pantai Holdings

Pantai Holdings Berhad (Pantai) is a healthcare conglomerate which today, has a network of nine (9) hospitals throughout Malaysia. Pantai also provides healthcare support services comprising comprehensive laboratory and radiology facilities and rehabilitation services.

In addition, Pantai controls two major concessions through its subsidiaries, Pantai FOMEMA and Pantai Medivest, involving the screening of foreign workers and hospital support services that range from clinical waste management, biomedical, facilities engineering management and hygiene services. Its College of Nursing & Health Sciences trains more than 600 nurses on a three-year curriculum.

Collectively, the Pantai Group of Hospitals has a total of more than 1,300 beds, with over 100,000 admissions a year. The Group is anchored by a pool of clinical professionals, consisting of 500 doctors and more than 1,000 nurses.

Pharmaniaga (Pharmaniaga Bhd)

Public Listed

Pharmaniaga is the largest local healthcare company in Malaysia. The company is driven by its core businesses namely, generic pharmaceuticals manufacturing and R&D, warehousing and distribution of pharmaceutical and medical products, sales and marketing as well as hospital equipping. Pharmaniaga has also created a niche in healthcare IT solutions which forms the backbone of its operations.

Infrastructure & Construction

PLUS Expressways (PLUS Expressways Bhd)

Public Listed

Incorporated in Malaysia on 29 January 2002, PLUS Expressways was listed on the Main Board of the KLSE on 17 July 2002. PLUS Expressways is the largest listed toll expressway operator in Asia, and the sixth largest in the world.

UEM Group (United Engineers (M) Bhd)

UEM Group is entrusted with the responsibility of developing infrastructures and value-added services in six core industries in the country, namely; expressways operations, engineering and construction, healthcare, environmental services, manufacturing and information, communications and technologies. Adjusting and adapting to the times, UEM Group has created opportunities for growth and expansion. Today, the Group has more than 40 major operating companies, including 10 public listed companies with the Group shareholders funds standing in excess of RM5.6 billion. Growing with and contributing to the advancement of the nation, UEM Group has since generated and developed a wealth of skills and talents in the various industries. With over 20,000 employees, UEM Group has a large pool of specialists and knowledge workers in many diverse areas.

UEM Builders

Public Listed

UEM Builders has within its group of companies UEM Constructions Sdn Bhd, PATI Sdn Bhd and UEM Genisys Sdn Bhd. mainly involved in the construction industry. Its first project was in 1989 when the company was appointed by Projek Lebuhraya Utara-Selatan Berhad (PLUS) as the specialist contractor for constructing continuously reinforced concrete pavements along the North South Expressway. Since then, the company capabilities have expanded to include various other construction related services.

Opus International Group Plc (formerly known as Kinta Kellas Plc)

Incorporated in the UK in 1926, Kinta Kellas was established to pursue the then lucrative tin mining industry. In 2005 Kinta Kellas has been renamed Opus International Group plc. Today the restructured Opus International is an industry leader in asset development and asset management consultancy services. Opus International also wholly owns Opus International Consultants Limited, the largest professional service, civil engineering, architecture, asset management and environmental planning consultancy firm in New Zealand.

Media & Communications

Astro (Astro All Asia Networks plc)

Public Listed

ASTRO ALL ASIA NETWORKS plc (ASTRO) is a Malaysia-based multimedia group with established DTH satellite multi-channel subscription TV services, radio broadcasting, production and distribution of film and television programming, talent management and magazine publishing operations.

ASTRO has formed joint ventures in other countries to launch new broadcasting, multimedia and Internet services. The Group has strategic alliances with leading software developers and content producers to jointly develop both technology and content to provide satellite-delivers, broadband, IP enhanced multimedia and interactive services over multiple platforms across the Asia Pacific region.

Telekom (Telekom Malaysia Bhd)

Public Listed

TM is the country’s pioneer and largest integrated telecommunications solutions provider with a strong presence in the domestic fixed line voice, data and broadband services. Over the years, TM has evolved to become one of Asia’s leading communications companies.

Axiata Group Berhad (formerly known as TM International)

Public Listed

Axiata Group Berhad is the emerging leader in Asian mobile telecommunications. The Group, one of the largest telecommunications companies in the region, has extensive operations and businesses in ten countries in Asia, providing a comprehensive range of mobile communication services to a combined base of over 89 million subscribers. The Group currently has controlling interests in its mobile communications operations in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia as well as strategic stakes in India, Singapore, Iran, Pakistan and Thailand through its various subsidiaries and affiliates.

Time dotCom (Time dotCom Bhd)

Public Listed

TIME dotCom is a major telecommunications provider in the country. Underpinned by its extensive fibre optics network, which is further complemented by an extensive fixed line, broadband, payphone and Internet service networks, TIME is a key operator in serving Malaysia’s communications needs. As new technology brings about convergence in voice, data and multimedia technologies, TIME dotCom is set to harness the synergies of various products and services within the Group to package and offer innovative and efficient solutions to its various customers at highly competitive pricing.

Others

DRB-Hicom (DRB-Hicom Bhd)

Public Listed

DRB-HICOM Berhad is Malaysia’s single largest totally integrated automotive company with operations in the manufacturing, assembly and distribution of passenger and commercial vehicles. The company has also established its name in the areas of Automotive, Property and Infrastructure Development.

Parkson (Parkson Retail Group)

Public Listed

Parkson is the People’s Republic of China (PRC) arm of the Lion Group’s retail business, which was established in Malaysia in 1987. Parkson entered the PRC retail market in 1994, focusing on department store operations. At the end of 2005, Parkson is one of the leading retail players in China, operating 23 self-owned stores and 16 contract stores in 26 cities across China.

UEM Land (UEM Land Holdings Berhad)

Public Listed

UEM Land is the flagship company for the real estate investment and development businesses of UEM Group, which is wholly-owned by Khazanah Nasional. UEM Land is currently undertaking the development of Nusajaya, one of five flagship zones of Iskandar Malaysia in Johor.

Faber (Faber Group Bhd)

Public Listed

Faber Group Berhad (FGB), a member of UEM Group, is listed on the Main Board of Bursa Malaysia Securities Berhad. From a Malaysian Hospitality concern established in early 60’s, FGB has grown into a key player in Integrated Facilities Management and Property Solutions.

<!–

Crystal Clear Technology (Crystal Clear Technology Sdn Bhd)

Public Listed

Khazanah’s key venture in the display arena, CCT is principally involved in the design, manufacture and sale of liquid crystal display products. The LCDs are manufactured by a highly automated state of the art LCD production line installed in its manufacturing plant. This ultra-modern line is complemented by the latest downstream manufacturing facilities such as COG, COF, TAB and COB assemblies for LCD module production, thus making it a one-stop solution for LCD product requirements.

www.cct.com.my

–> <!–

AIC Technology (AIC Technology Sdn Bhd)

Starting out as an automotive parts manufacturer, AIC diversified into the semiconductor, plastics, precision metal and information technology industries between 1995 to 1998 through acquisitions of companies and joint ventures into new businesses.

The semiconductor division of the AIC Group, under AIC Technology Sdn. Bhd., is the first local fabless integrated semiconductor manufacturer in Malaysia providing the following one-stop solution services:

  • Integrated circuit (IC) design and system solutions;
  • Assembly and testing of IC packages;
  • Drop-shipment and distribution centre services for ICs; and
  • Distribution of semiconductor and electronic components.

www.aic.com.my

–> <!– remak by raha

D’nonce (D’nonce Technology Bhd)

Public Listed

D’nonce is principally an investment holding company while its subsidiary companies are involved in contract manufacturing of electronic components, design and conversion of advanced packaging material and sales and distribution of advanced packaging materials.

Faber (Faber Group Bhd)

Public Listed

Faber Group Berhad (FGB), a member of UEM Group, is listed on the Main Board of Bursa Malaysia Securities Berhad. From a Malaysian Hospitality concern established in early 60’s, FGB has grown into a key player in Integrated Facilities Management and Property Solutions.

www.fabergroup.com.my

–>

Property

Iskandar Investments (Iskandar Investment Berhad)

Iskandar Investment Berhad (formerly known as South Johor Investment Corporation Berhad) is an investment holding company which promotes and coordinates the development to support Iskandar Malaysia. Iskandar Investment focuses on investing in selected strategic and catalytic initiatives through shareholding stakes in joint ventures or contribution of land either through sale or lease or granting of a concession or development rights. The mission of Iskandar Investment is to deliver sustainable value as it transforms Iskandar Malaysia into a strong, sustainable conurbation of international standing.

Putrajaya Holdings (Putrajaya Holdings Sdn Bhd)

Putrajaya Holdings is the lead developer for Putrajaya, the Federal Government Administrative Capital. Incorporated in October 1995, landmark projects of Putrajaya Holdings include the Dataran Putra, Putra Mosque, Putra Bridge, the Putrajaya Lake and the Wetlands.

STLR (STLR Sdn Bhd)

STLR is property investment holding company, wholly owned by Khazanah. STLR has several key assets, largely located around Kuala Lumpur, which are mostly held for investment and rental income. Among its key assets is Wisma Time in Kuala Lumpur and various land parcels in and around Kuala Lumpur.

Technology and Bio Tech

Atlantic Quantum Sdn Bhd

Atlantic Quantum is a technology investment company that focuses on equity investments in early/growth stage companies, specifically in the Integrated Circuit Design field. In addition to financial returns, investments are made in view of strategic linkages with SilTerra (another Khazanah portfolio company).

MTDC (Malaysian Technology Development Corporation Sdn Bhd)

MTDC is the Malaysian Government’s integrated VC company with the focus on commercializing research results of universities and research institutions, identifying and transferring emerging and strategic technologies for adoption by industries, and encouraging the growth of technology-based enterprises in Malaysia.

To facilitate its operation, MTDC functions as an integrated venture capital company, whose role is to identify, finance and develop potential companies and strategic technology areas.

Silterra Malaysia (Silterra Malaysia Sdn Bhd)

Silterra operates Malaysia’s premier wafer fabrication plant located at the Kulim Hi-Tech Park which meets the strict requirements of the 0.13µm process. It also incorporates the mini-environment design concept and uses 100% step-and-scan photolithography equipment to ensure high-yield and quality. Silterra is now producing wafers with CL250 (0.25µm), CL220 (0.22µm) and CL180 (0.18µm) processes with the 0.13µm process fast approaching their technology roadmap.

Transportation & Logistics

Malaysia Airports (Malaysia Airports Holdings Bhd)

Public Listed

Malaysia Airports Holdings Berhad is the operator and manager of Malaysia’s 38 airports, including one of the world’s most technologically advanced airports, the Kuala Lumpur International Airport. MAHB is also the first airport company to be listed in Asia and one of just seven listed airport companies in the world.

MAS (Malaysian Airline System Bhd)

Public Listed

MAS, Malaysia’s national carrier, started its services in 1947 with just one twin engine Air Consul that sat only five. Since then, however, Malaysia Airlines has become an award-winning airline with a fleet of more than 100 aircraft,

Penerbangan Malaysia Bhd

PMB is a special purpose vehicle created out of the Widespread Asset Unbundling (WAU) financial restructuring of MAS in 2002. It has three distinct business segments – aircraft leasing, the domestic aviation business and share ownership of MAS. PMB is the holding company for MAS, with a 69.3% stake in the national airline. The WAU restructuring includes PMB buying from, and leasing back to MAS most of its aircraft fleet. PMB also took over the domestic aviation business from MAS. In doing so, MAS was transformed into a “virtual” airline, involved in international passenger and cargo services.

Pos Malaysia Berhad

Public Listed

Pos Malaysia provides postal and related services, transport logistics, printing and insertion, counter collection and payment agency services for a range of financial transactions, such as bill payments, remittance, insurance and unit trusts. The Company holds an exclusive concession to provide mail services through its network of over 850 branches and mini post offices in Malaysia.

Konsortium Transnational

Public Listed

Konsortium Transnational Berhad (KTB) made its debut on Bursa Malaysia on June 15, 2007 engages primarily in the bus transportation system comprising stage and express bus operations within Peninsular Malaysia.

The stage and express bus operations provide the most extensive coverage throughout Peninsular Malaysia, covering almost all major cities and towns as well as Singapore. The nationwide network is serviced by a fleet of more than 1,500 buses that covers more than 250 routes, generating more than 1,000 trips daily and this translates to around 60 million passengers a year.

To date, KTB commands the largest market share, with ‘Transnasional’ being the leader in the express bus industry in Peninsular Malaysia. Besides ‘Transnasional’, KTB also operates ‘Cityliner’ stage buses, ‘Plusliner’ economy express buses and luxury bus services under the ‘Nice’ brand.

Utilities

Shuaibah Phase 3 Independent Water & Power Project

Shuaibah Phase 3 IWPP Project (“the Project”) will supply 880,000 cubic meter of water per day and 900 megawatt of power to Makkah, Jeddah, Al-Taif and Al-Baha and is expected to begin commercial operations in 2009. The Project, to be developed at a cost of SR 9.1 billion (approximately US$ 2.5 billion) on a Build Own and Operate basis, will be located adjacent to the existing Shuaibah generation and desalination complex 110 km south of Jeddah, on the western coast of Saudi Arabia.

This will be the first Independent Water and Power Project to be developed in the Kingdom of Saudi Arabia and represents a major development in the country’s water and power sector. The indicative Project timetable is for Construction of the Plant to begin around January 2006 with Project Commercial Operation Date scheduled for January 2009.

Tenaga Nasional (Tenaga Nasional Bhd)

Public Listed

TNB is the largest electricity utility company in Malaysia with RM60.0 billion worth of assets serving over six million customers throughout Malaysia. TNB’s core activities are in the generation, transmission and distribution of electricity.

To date, TNB remains a major player in electricity generation which form a significant part of the Group’s diversified range of business activities. The TNB Group has the largest generation capacity of 10,481 MW.

Comments
2 Responses to “Khazanah National Berhad”
  1. Bolanka says:

    Really you writing very well about car rentals.. Thanks..

  2. Telekom says:

    very nice good ideea

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: