The state fund’s portfolio value rose to RM157.2 billion(US$39.73 billion) in 2017 from RM145.3 billion in the previous year, Khazanah said in a statement at a media conference.
Its portfolio net worth adjusted (NWA) climbed to RM115.6 billion from RM102.1 billion.
Khazanah’s investments include stakes in CIMB Group Holdings Bhd, Malaysia’s second-largest lender by assets, telecommunications company Axiata Group Bhd and power utility manager Tenaga Nasional Bhd.
It is also the sole shareholder of national carrier Malaysia Airlines, for which it is spearheading a restructuring exercise.
It also participated in several foreign technology deals such as Alibaba Group’s logistics firm, Cainiao, and fintech firm WeLab in China, as well as India’s Infosys Ltd and Singapore’s NYSE-listed Sea Ltd.
The fund also announced the launch of a US$320.8 million sukuk exchangeable for Chinese securities brokerage firm CITIC Securities Co Ltd’s Hong Kong-listed H-shares earlier on Thursday.
“Overall Khazanah will continue to stay the course with a focus on delivering long-term financial and strategic performance amidst cautious investment outlook,” Khazanah said.