Bahasa Malaysia

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.

www.mafc.com.my

Basic Materials

CIMA (Cement Industries of Malaysia Bhd)

Cement Industries of Malaysia Berhad (CIMA), a wholly owned subsidiary of UEM Group, has been involved in the manufacturing and distribution of cement and related activities since 1975.

CIMA is the third largest cement manufacturer in Malaysia and has 18% of the country's market share. CIMA has also ventured into international market such as Singapore and Indonesia.

www.cima.com.my

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.

www.asiacapitalre.com.my

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.

www.muamalat.com.my

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

www.cimb.com

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

IHH Healthcare Berhad

Public Listed

IHH is one of the largest private healthcare providers in the world based on market capitalization, focusing on markets in Asia and in the CEEMENA region. IHH operates an integrated healthcare business which has leading market positions in its home markets of Singapore, Malaysia and Turkey. IHH also have healthcare operations and investments in the PRC, India, Hong Kong, Vietnam, Brunei and Macedonia. IHH's core businesses are operated through its key subsidiaries, namely Parkway Pantai Limited, Acibadem Saglik Yatirimlari Holding AS and IMU Health Sdn Bhd, and it also has a more than 10% stake in Apollo Hospitals Enterprise Ltd.

www.ihh-healthcare.com

Acibadem Saglik Yatirimlari Holding AS

Acibadem is one of the largest healthcare services providers in Turkey and has been a leading provider of high quality diagnostic and treatment services for Turkish and international patients since 1991. Acibadem's integrated healthcare network in Turkey and Macedonia spans 15 hospitals with more than 1,700 licensed and operational beds, and it employs over 1,900 doctors across 40 specialty areas. In addition to hospitals, Acibadem operates 9 outpatient clinics across Turkey and complementary ancillary healthcare businesses which support the integrated nature of Acibadem's hospitals.

www.acibademinternational.com

Parkway Pantai Limited ("PPL")

PPL is one of Asia's largest private healthcare providers with operations and investments in Singapore, Malaysia, China and Hong Kong, India, Vietnam and Brunei. It has a network of 17 hospitals, 6 of which are JCI accredited, and more than 3,000 licensed beds in aggregate. PPL also owns 60 medical centres and clinics and ancillary healthcare businesses.

In Singapore, PPL is the largest private healthcare provider and operates Mount Elizabeth Hospital, Mount Elizabeth Novena Hospital, Gleneagles Hospital and Parkway East Hospital – out of which, only Mount Elizabeth Novena Hospital is currently not accredited by Joint Commission International (JCI), as it commenced operations only in July 2012.

In Malaysia, PPL is the second largest private healthcare provider in terms of the number of licensed beds. It owns and operates 9 Pantai Hospitals and 2 Gleneagles Hospitals across Peninsular Malaysia. PPL is currently developing 3 new hospitals in Malaysia, which are expected to commence operations by 2015.

In addition, PPL also have presence in China, India, Hong Kong, Vietnam and Brunei, with operations across the major healthcare sectors: hospitals, medical centres, clinics and ancillary healthcare businesses.

www.parkwaypantai.com

IMU Health Sdn Bhd ("IMU Health")

IMU Health Sdn Bhd owns and operates the International Medical University ("IMU"), Malaysia's first premier private healthcare university, offering a total of 18 academic programmes, including medical, dental, pharmacy, nursing, health sciences and complementary medicine programmes. IMU has 37 international partner universities, which is the largest network of partner universities in the region. IMU also owns Pantai College which trains nurses and allied health professionals for PPL hospitals.

www.imu.edu.my

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.

www.apollohospitals.com

Infrastructure & Construction

PLUS (PLUS Malaysia Bhd)

PLUS Malaysia Berhad (PLUS), the expressway arm of UEM Group, is the largest highway operator in Malaysia and has been operating the country's toll roads since 1988.

PLUS operates and maintains almost 1,000 kilometres of expressways stretching from the border of Thailand in the North to the border of Singapore in the south namely, the North-South Expressway (NSE), the New Klang Valley Expressway (NKVE), the Federal Highway Route 2 (FHR2), the ELITE highway, the Linkedua highway (Malaysia-Singapore Second Link), the Seremban-Port Dickson Highway (SPDH), the Butterworth Kulim Expressway (BKE) and the Penang Bridge. The expressway connects major industrial, commercial and transportation centres, links major seaports and airports and provides easy access that led to the development of many townships and industrial centres.

www.plus.com.my

UEM Group Berhad

UEM Group Berhad (UEM Group) started as United Engineers (Malaysia) Berhad in 1966 and over the years UEM Group have built a reputation as Malaysia's leading engineering-based infrastructure group with four core business divisions namely – Expressways, Township & Property Development, Engineering & Construction, and Asset & Facility Management.

It has assets totaling USD6.3 billion (RM19.6 billion) and shareholders' funds of approximately USD2.5 billion (RM7.9 billion) as at end December 2012, and have completed infrastructure, transportation and building projects in Malaysia totaling more than USD6.5 billion since 1988.

UEM Group operate via 20 major operating companies, 3 of which are listed on local and international bourses, and with human resource of more than 15,000 including 3,200 technical professionals.

Its headquarters is in Kuala Lumpur with presence in various countries around the globe including India, Indonesia, Singapore, Canada, United Kingdom, New Zealand and the Middle East.

UEM Group is a wholly owned subsidiary of Khazanah Nasional Berhad, an investment arm of the Government of Malaysia.

www.uem.com.my

UEM Builders

UEM Builders Berhad (UEM Builders), the Engineering & Construction arm of UEM Group, is an international construction company with strong track record in delivering key infrastructure development projects.

It has over the years spearheaded numerous projects of national significance spanning highways, bridges, stadiums, railways and urban transit, water infrastructure, airports, hospitals, institutional, commercial buildings and residential development for both public and private sectors, locally and internationally.

UEM Builders sets high standards on its engineering and constructions works and has continuously innovate, improve and thrive on challenges and accomplishments, and brings an unmatched combination of knowledge, skill, experience, and customer commitment to every job it undertakes.

www.uembuilders.com

Opus Group Berhad

Opus Group Berhad (Opus) is the industry leader in the asset development and asset management of transport infrastructure as well as the built environment. Opus is based in Malaysia, with offices in New Zealand, Australia, Canada, the United Kingdom, India and Indonesia. Opus' two main subsidiaries are Opus International (M) Berhad (OIM) and Opus International Consultants Limited (OIC).

With a multi-national and multi-disciplinary team of some 3,000 personnel and operating in over 85 offices worldwide, Opus has a proven track record in the implementation of major projects both in Malaysia and internationally. In Malaysia alone, Opus has been involved in the realisation of mega infrastructure projects worth more than RM55 billion, such as the North-South Expressway, KL International Airport, Rawang-Ipoh Double Track, KL Light Rail Transit System 2, National Sports Complex and Cyberjaya Development. In addition, Opus currently manages the maintenance of almost 60% of the toll highway network in Malaysia and more than 50% of the highway network in New Zealand.

www.opusbhd.com

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.

www.astromalaysia.com.my

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.

www.tm.com.my

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, Pakistan and Thailand through its various subsidiaries and affiliates.

www.axiata.com

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.

www.time.com.my

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.

www.parkson.com.my

UEM Sunrise (formerly known as UEM Land)

Public Listed

UEM Sunrise Berhad ("UEM Sunrise") is the flagship company for the real estate investment and development businesses of UEM Group and Khazanah Nasional Berhad.

UEM Sunrise, the master developer of Nusajaya, is currently undertaking the development of Nusajaya (located in Johor) into Southeast Asia's newest regional city with diverse signature developments to create and promote economic growth and development in the area, supported by several strategic initiatives to meet various economic activities and market demands.

UEM Sunrise is the award-winning property development company largely responsible for the iconic Mont' Kiara development as well as other developments in Kuala Lumpur's city centre. UEM Sunrise's business operations also extend to Vancouver, Canada.

UEM Sunrise is also the owner and developer of an urban development in Cyberjaya, Malaysia's ICT hotbed located just south of Kuala Lumpur. The development known as Symphony Hills, an exclusive residential development and the country's first Connected Intelligent Community (CIC) to offer smart-home features and community connectivity through high-speed broadband.

UEM Sunrise is listed on the Main Board of Bursa Malaysia Securities Berhad.

www.uemsunrise.com

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.

www.iskandarinvestment.com

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.

www.pjh.com.my

STLR (STLR Sdn Bhd)

STLR is a property investment holding company, wholly owned by Khazanah. Following a tender exercise, Khazanah has executed a sale and purchase agreement for the disposal of STLR. The sale is pending completion.

Technology and Bio Tech

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.

mtdc.com.my

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.

www.silterra.com

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.

www.malaysiaairports.com.my

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.

www.malaysiaairlines.com

Penerbangan Malaysia Bhd

PMB is a special purpose vehicle created out of the Widespread Asset Unbundling (WAU) financial restructuring of MAS in 2002. Its principal  activities are in acquiring, selling and leasing of aircraft and aircraft engine, investment holding and other related services. The WAU restructuring includes PMB buying from, and leasing back to MAS most of its aircraft fleet.

www.pmb.com.my

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.

www.tnb.com.my