Media & Downloads
Press Releases

4 July 2005


Khazanah Nasional Berhad (“Khazanah”) has today made the following announcement in Indonesia to BAPEPAM;

“We hereby would like to announce that we, Khazanah Nasional Berhad (“Khazanah”),a company duly established and organized under the laws of Malaysia, having its registered office at Level 33, Tower 2, Petronas Towers, Kuala Lumpur City Center, have started discussions and anticipate commencing negotiation in due course with regard to the possible investment in PT Bank Lippo Tbk. (“Bank Lippo”) of a significant strategic interest of at least 25% of total shares in Bank Lippo, either directly or indirectly, both on a standalone basis as well as with other institutions of equal high standing and credibility.

Khazanah is the investment holidng arm of the Malaysian Government entrusted to manage the assets held by the Malaysian Government and to undertake strategic investments. Khazanah’s subsidiaries and associate companies are involved in various sectors such as power, telecommunications, shipping, property, broadcasting, infrastructure and banking.

The purpose of the proposed investments, if implemented, is as a strategic financial investment and commitment by Khazanah to the Indonesian financial and banking sector.

The Proposed Investment shall observe all applicable lawas and regulations and, if implemented, will result in a change of control in Bank Lippo, as in pursuant to Bapepam Rule No. IX.H.1 Attachment to the Decree of the Chairman of BAPEPAM No. Kep05/PM?2002 dated 3 April 2002 (“Rule No. IX.H.1”).

This announcement is made with reference to Rule No. IX.H.1 and contitutes an announcements as defined in Rule No. IX.H.1 point 4 juncto point 8.

Khazanah Nasional Berhad
Kuala Lumpur, 4 July 2005

Other Press Releases
15 May 2024

Consortium led by Khazanah and EPF announces condi...

Read more  

11 March 2024

Khazanah records RM5.9 billion profit for 2023, so...

Read more  

9 March 2024

Khazanah launches #BerbudiBersama initiative to ce...

Read more  

6 March 2024

Khazanah announces new Chief Investment Officer...

Read more  

3 January 2024

Khazanah Nasional Berhad and CGC Digital announce ...

Read more  

7 November 2023

Khazanah Impact Innovation Challenge 2023 unveils ...

Read more  

13 October 2023

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more  

10 October 2023

Khazanah’s 15-year partnership with GTI solidifi...

Read more  

5 October 2023

CDP Group and Khazanah Nasional Berhad signs MoU, ...

Read more  

12 September 2023

Khazanah and Khazanah Research Institute, in colla...

Read more