Portfolio Companies
Currently, Khazanah Nasional has substantial stakes in companies that are involved in various sectors.
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.
Basic Materials
CIMA (Cement Industries of Malaysia Bhd)
CIMA, a wholly owned subsidiary of UEM Group Berhad, is third largest cement manufacturer in Malaysia where it commands approximately 18% of the country’s cement market share.
CIMA, which has been involved in the manufacturing and distribution of cement and related activities since 1975, also has also presence in the international markets namely in Singapore, Indonesia and the Middle East.
Financial Institution Group
ACR Capital Holdings Pte Ltd
ACR Capital Holdings Pte Ltd was established in November 2006. Its wholly-owned subsidiary, Asia Capital Reinsurance Group Pte Ltd ("ACR"), has an exclusive focus on providing clients reinsurance solutions for large and specialist risks in the pan-Asian region. Headquartered in Singapore, ACR has a regional presence in Hong Kong, India, Taiwan, Japan, Malaysia, Bahrain and Dubai.
Rated "A-" for its financial strength by A.M. Best and Standard & Poor's, ACR offers a combination of strong Asian dedicated capacity, global underwriting expertise and in-depth knowledge of the Asian insurance markets. Together with its associated companies, Asia Capital Reinsurance Malaysia, ACR ReTakaful MEA and ACR ReTakaful SEA, ACR has a strong network in Asia and aggregated shareholders' funds of more than US$1 billion. All three associated companies also hold an "A- (Excellent)" rating 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
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 Malaysia's leading healthcare group with a network of eleven hospitals throughout Malaysia. Hospitals under the Pantai Hospitals brand are located strategically in Kedah, Penang, Perak, Selangor, Kuala Lumpur, Melaka and Johor. Collectively, the Pantai Group of Hospitals has a total of more than 1,500 beds, with over 100,000 admissions a year. The Group is anchored by a pool of clinical professionals, consisting of more than 650 doctors and 1,500 nurses.
Pantai also provides supplementary healthcare services comprising comprehensive laboratory and radiology facilities and rehabilitation services. Our College of Nursing & Health Sciences trains more than 600 nurses on a three-year curriculum.
Pantai is part of Parkway Holdings Limited, a wholly owned subsidiary of Khazanah Nasional Berhad.
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
PLUS Expressways Berhad, a member of UEM Group Berhad, is involved in investment holding and provision of expressway operation services in Malaysia and abroad. A listed entity on Main Market of Bursa Malaysia Securities Berhad since its debut on 17 July, 2002, PLUS is the largest toll expressway company in South East Asia and one of the largest in the world by market capitalisation.
PLUS Expressways, backed by strong and consistent financial performance, strong capitalisation and more than 20 years of experience in the operations and maintenance of expressways, envisions to be a premier global expressway group.
UEM Group (United Engineers (M) Bhd)
UEM Group Berhad, a wholly owned subsidiary of Khazanah Nasional Berhad, is an engineering-based conglomerate with four core business divisions namely – Expressways; Township & Property Development; Engineering & Construction; and Asset & Facility Management.
UEM Group, which has assets totalling USD9 billion and shareholders’ funds in excess of USD2.4 billion as at end December 2009, has completed numerous iconic infrastructures and transportation projects both locally and internationally.
Its headquarters is in Kuala Lumpur though it has international presence in over 20 countries including Brunei, Indonesia, India, Australia, New Zealand, Canada, the United Kingdom, the Middle East and North Africa.
In line with its role as Malaysia’s preferred partner in nation-building, UEM Group has and will continue to make significant contributions to the development of human and intellectual capital as well as to the environment and the local community.
UEM Builders
Public Listed
UEM Builders Berhad, a wholly owned subsidiary of UEM Group Berhad is one of Malaysia’s prominent players within the construction industry, with a diversified portfolio of businesses in engineering and construction services, infrastructure management and toll concession. UEM Builders expertise is on design and plan, construct and manage civil, mechanical and electrical engineering works for large-scale infrastructure and transportation projects in Malaysia and overseas.
UEM Builders has a proven track record of accomplishment in major Transportation & Infrastructure developments and Buildings & Facilities projects spanning highways, bridges, urban transit, rail, airport, stadium, institutional, commercial, healthcare and residential developments, to name a few.
Over the years, UEM Builders has played a significant role in building Malaysia’s landscape through the construction of national infrastructures. The company has established strong presence particularly in Abu Dhabi, Saudi Arabia, Qatar, India, Brunei, Indonesia and Singapore.
Opus Group Berhad
Opus Group Berhad, a subsidiary of UEM Group Berhad, is one of the world’s leading multinational consultants and the preferred partner to develop and maintain assets across the transportation, infrastructure and built environment sectors.
With a global reach extending to over 80 offices in Malaysia, New Zealand, Australia, United Kingdom, Canada, and India, Opus works with clients to develop and maintain assets including inter and intra-urban highways, rail and transit systems, maritime and airports, strategic viaducts and bridge linkages, and healthcare facilities.
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
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 Holdings Berhad, the flagship company for the real estate investment and development arm of UEM Group Berhad, was incorporated on August 20, 2008 and listed on the Main Market of Bursa Malaysia Securities Berhad on November 18, 2008.
The company is the Master Developer and main landowner of Nusajaya, a renowned 23,000 acre development area and one of five flagship zones of Iskandar Malaysia in Johor.
Faber (Faber Group Bhd)
Public Listed
Faber Group Berhad (“Faber”), a member of UEM Group Berhad is listed under the Trading/Services Sector on the Main Market of Bursa Malaysia Securities Berhad. From a Malaysian hospitality concern over 40 years ago, Faber has, following a successful restructuring exercise and strategic initiatives grown into a leading player in Integrated Facilities Management ("IFM") and Property Development sectors.
Today, Faber is one of the largest companies worldwide providing IFM for Hospital Support Services ranging from Facilities Engineering Maintenance Services, Biomedical Engineering Maintenance Services, Cleansing Services, Linen and Laundry Services to Clinical Waste Management Services. Faber also provides IFM services internationally and has developed its capabilities offering professionally administered IFM services to perpetuate asset functionality, reliability and effectiveness.
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, spreading its wings across six continents and servicing more than 100 different destinations.
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.
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.
© Khazanah Nasional Berhad. All rights reserved.