Our History

Key Corporate Milestones

Khazanah commenced operations in 1994, assuming a custodial role in managing the Government’s commercial assets and investing in strategic and high-technology sectors. In 2004, we undertook an expanded and more active investment approach, which includes enhancing the performance of its existing core holdings while seeking opportunities in new economic sectors and geographies. In 2020, we introduced our purpose to reflect our contribution towards investing to deliver sustainable value for Malaysians.

The timeline below highlights our key milestones from 2014-2022. To view our journey from 1994-2013, click here.

13/01/2014

CIMB RM3.55b share placement

20/01/2014

Khazanah Annual Review 2014

12/02/2014

Khazanah signs agreement with IMAGICA to set up IMAGICA South East Asia at the Pinewood Iskandar Studios Malaysia

01/03/2014

UEM Builders – Sultan Abdul Halim Mu’adzam Shah Bridge opens

04/03/2014

Malaysia Airports Holdings raises RM1 billion for Istanbul Sabiha Gökçen airport investment

20/03/2014

XL Axiata completes Axis acquisition

20/03/2014

TM announces P1 acquisition

28/03/2014

UEM Environment (renamed as Cenviro) transferred to Khazanah

02/04/2014

2013 Corporate Responsibility Report launched

25/04/2014

Khazanah invests in mass housing developer 8990 Holdings in the Philippines

02/05/2014

Opening of klia2 – the world’s largest purpose-built low cost carrier terminal

10/06/2014

The Khazanah Report 2013 issued

14/06/2014

Pinewood Iskandar Malaysia Studios launched

29/08/2014

MAS Recovery Plan launched

04/09/2014

USD500 million Tenaga Nasional exchangeable sukuk issued

19/09/2014

Alibaba initial public offer (IPO)

29/09/2014

Khazanah Megatrends Forum 2014

31/10/2014

Westports Holdings divestment

31/10/2014

Tribunal of the Permanent Court of Arbitration rules that M+S Pte Ltd not liable for development charges related to three parcels of land in Singapore

06/11/2014

MAS shareholders approve selective capital reduction and repayment exercise

17/11/2014

Khazanah Research Institute issues “State of Households” report

02/12/2014

Khazanah Global Lectures 2014 by Mayor of London Boris Johnson

05/12/2014

Christoph Mueller announced as Malaysia Airlines Berhad (MAB) CEO

29/12/2014

Government-linked Company (GLC) Disaster Response and Relief Network activated to assist recovery in flood-hit areas

31/12/2014

Malaysia Airline System delisted from Bursa Malaysia

05/01/2015

Malaysia Airports Holdings (MAHB) completes acquisition of Istanbul Sabiha Gökçen airport

28/01/2015

Tenaga Nasional divested 2.0% stake (RM1.66b) via market placement

25/02/2015

TM receives Letter of Award from the Government for the implementation of the High Speed Broadband (HSBB) Phase 2 and Sub Urban Broadband (SUBB) projects

26/03/2015

IHH Healhcare Berhad acquires 51% of Continental Hospitals, India

28/03/2015

Malaysia Airports Holdings (MAHB) completes RM1.3 billion rights issuance

01/05/2015

Malaysia Airlines appoints Christoph Mueller as Managing Director and CEO

25/05/2015

The Khazanah Report 2014 issued

04/06/2015

Khazanah issues RM100 million seven-year sustainable and responsible investment (SRI) sukuk – the world’s first ringgit-denominated SRI sukuk

13/06/2015

PLUS launches the Cikopo-Palimanan toll road in Indonesia

24/06/2015

Yayasan Hasanah receives RM3b endowment and announces the Board of Trustees

09/07/2015

Tenaga Nasional acquires 70% stake of Jimah East

30/07/2015

Khazanah Europe Investment Limited office starts operation in London

05/08/2015

UEM Sunrise acquires property in St Kilda, Melbourne

07/08/2015

GLCT Programme Graduation

24/08/2015

Khazanah Research Institute publishes “Making House Affordable” report

26/08/2015

Special Economic Committee (SEC) established

26/08/2015

Khazanah announces additional and accelerated domestics investments of RM6.77b

28/08/2015

IHH Healthcare acquires 73.4% of Global Hospitals, India

01/09/2015

Malaysia Airlines (MAB) begins operations

14/09/2015

ValueCap announces RM20b injection

04/10/2015

Khazanah Megatrends Forum 2015 

14/10/2015

Themed Attractions Resorts & Hotels partners Minor Group to develop Anantara resort in Desaru Coast

16/10/2015

IHH Healthcare announces plans to open a 350-bed hospital in Chengdu, China

16/11/2015

Khazanah Research Institute publishes the “Why Trade Matters” report

18/11/2015

CIMB establishes JV with Philippines telco companies

02/12/2015

MAB signs partnership agreement with Emirates

05/12/2015

Axiata acquires 75% of Digicel Myanmar Tower Company Ltd

14/12/2015

Iskandar Investment Berhad completes capital restructuring

14/12/2015

Tenaga Nasional acquires 30% stake in Turkish power company, Gama Enerji AS

21/12/2015

Axiata acquires 80% stake in Nepal mobile operator, Ncell

29/12/2015

Completion of Afiniti Medini project 

13/01/2016

Khazanah Annual Review 2016

20/01/2016

Khazanah leads investment in WeLab

17/02/2016

UEM Sunrise enters into JV with Mulpha International to develop land in Iskandar Malaysia

24/02/2016

Khazanah issues inaugural USD750m straight sukuk

01/03/2016

The Malaysian Aviation Commission (MAVCOM) established

12/04/2016

Axiata completes the acquisition of Ncell Pte Ltd

14/04/2016

Tenaga Nasional Berhad acquires 30% stake acquisition in Turkish GAMA Enerji

17/04/2016

Opening of KidZania Singapore

21/04/2016

IHH Healthcare Berhad acquires Tokuda Hospital and merges with City Clinic in Bulgaria

02/05/2016

Tenaga Nasional Berhad signs Power Purchase Agreement with Pengerang Power

17/05/2016

Prime Minister of Malaysia officiates the opening of Khazanah Europe Investment Limited (KEIL) in London, UK

Khazanah publishes The Khazanah Report 2015

20/05/2016

Malaysia Aviation Group formed

24/05/2016

Malaysia Airports Holdings Berhad launches KLIA Aeropolis

08/06/2016

IHH Healthcare announces JV to build hospital in Shanghai

08/06/2016

UEM Sunrise delivers affordable homes in Bayu Nusantara

01/07/2016

Malaysia Airlines Berhad (MAB) appoints Peter Bellew as new CEO

02/08/2016

Khazanah launches the Ulama Nusantara, a documentary on the arrival of Islam in Malay archipelago at the World Islamic Economic Forum, Jakarta

29/08/2016

Khazanah Research Institute publishes “The State of Households II”

04/09/2016

Prime Minister of Malaysia launches the Taman Tugu Project

23/09/2016

Khazanah issues USD399m sukuk exchangeable into Beijing Enterprises Water Group Limited shares

26/09/2016

Khazanah Megatrends Forum 2016

30/09/2016

CIMB receives Vietnam banking license

17/10/2016

CIMB announces JV with China Galaxy Securities Group

24/10/2016

Telekom Malaysia (TM) announces Broadband Improvement Plan following Budget 2017

31/10/2016

Khazanah Research Institute publishes “Climbing the Ladder: Socio-economic Mobility in Malaysia”

31/10/2016

Khazanah Global Lectures – Dr Jane Goodall DBE

04/11/2016

Tenaga Nasional Berhad signs Power Purchasing Agreement with a consortium for solar panels in Jasin, Gurun & Merchang

05/11/2016

Tenaga Nasional Berhad acquires 30% stake in India-based GMR Energy Ltd

11/11/2016

IHH Healthcare Berhad enters into partnership with Taikang Insurance Group Inc.

17/11/2016

Axiata completes merger with Robi-Artel Bangladesh

02/12/2016

UEM Edgenta receives shareholders’ approval for acquisition of Asia Integrated Facility Solutions

06/12/2016

Iskandar 10-year Anniversary

30/12/2016

CIMB divests 18% stake in the Bank of Yingkou Co.

13/01/2017

Khazanah Annual Review 2017

19/01/2017

Khazanah invests in edotco

06/02/2017

Malaysia Airports Holding Berhad extends operations agreement by 35 years

03/03/2017

IHH Healthcare Berhad divests 6.1% stake in Apollo Hospitals

14/03/2017

IHH Healthcare Berhad – Acibadem Altunizade begins operations

21/03/2017

IHH Healthcare Berhad – Gleneagles Hong Kong begins operations

22/03/2017

Prime Minister launches Digital Free Zone

11/04/2017

Khazanah divests 0.3% stake in CIMB

19/05/2017

IHH Healthcare Berhad divests 4.8% stake in Apollo Hospitals

24/05/2017

The Khazanah Report 2016 & The Hasanah Report 2016 released

04/06/2017

Khazanah acquires stake in Sigfox

07/06/2017

CIMB divests 50% stake in CIMB Securities International to China Galaxy Securities

09/06/2017

IHH Healthcare Berhad initiate ground breaking for Gleneagles Shanghai

29/06/2017

Alibaba Group announces investment into Lazada

20/07/2017

Khazanah divests 1.0% stake in CIMB

24/07/2017

Touch ‘n Go partners Alipay for mobile wallet solutions

01/08/2017

Khazanah launches second tranche of SRI Sukuk with a retail portion

09/08/2017

Trending Innovation Disruption Entrepreneurship (TIDE) Open Day

15/08/2017

UEM Edgenta divests 61.2% stake in Opus International Consultants

21/08/2017

Khazanah launches “Negaraku Negara Kita” campaign

03/09/2017

Hari Hasanah

Taman Tugu Project establishes Amanah Warisan Negara

19/09/2017

Tan Sri Nor Mohamed Yakcop steps down as Deputy Chairman of Khazanah Nasional

02/10/2017

Khazanah Megatrends Forum 2017

03/10/2017

Second Finance Minister launches Khazanah Nasional Entrepreneurship Outreach (KNEO)

04/10/2017

Khazanah divests 3.5% stake in Malaysia Airports Holdings Berhad (MAHB)

16/10/2017

Khazanah divests 1.0% stake in CIMB

20/10/2017

Malaysia Airlines Berhad (MAB) appoints Captain Izham as Group CEO

20/10/2017

SEA IPO debut NYSE

30/10/2017

UEM Sunrise signs SPA with Country View Resources of Iskandar Puteri Land

04/11/2017

MAHB JV with Cainiao Smart Logistics Network (HK) for development of e-commerce and logistics hub in KLIA aeropolis

08/11/2017

Khazanah Research Institute publishes “Why Trade Matters: Trade Issues in Non-Communicable Diseases Essentials Medicines and Education”

25/11/2017

Hasanah Bersama Rakyat, Iskarnival 2017

01/12/2017

Themed Attractions Resorts & Hotels appoints Amir Hamzah as new CEO

11/12/2017

Khazanah announces Board and Deputy Managing Directors appointments

14/12/2017

IHH Healthcare initiates ground breaking for IMU Hospital

15/01/2018

M+S Pte Ltd – Official opening of Marina One and DUO developments in Singapore

18/01/2018

Khazanah issues USD320.8 million exchangeable sukuk referenced to CITIC Securities

18/01/2018

Khazanah Annual Review 2018

22/03/2018

Khazanah announces the acquisition of Prince Court Medical Centre

22/04/2018

Khazanah invests in Ping An Good Doctor

03/05/2018

Khazanah recognised in Bretton Woods II Leaders List as one of the 25 Most Responsible Asset Allocators globally

14/05/2018

Khazanah Nasional Entrepreneurship Outreach Demo Day

07/06/2018

Khazanah invests in Ant Financial

20/08/2018

Appointment of Datuk Shahril Ridza as Managing Director

08/10/2018

Khazanah Megatrends Forum 2018

29/11/2018

Khazanah announces divestment of a 16% stake in IHH Healthcare to Mitsui

05/03/2019

Khazanah Annual Review 2019

05/03/2019

Khazanah Research Institute launches “Structure of the Malaysian Economy: An Input-Output Analysis” report

10/04/2019

Khazanah Research Institute launches “The Status of the Paddy and Rice Industry in Malaysia” report

25/04/2019

Khazanah Research Institute launches “Rethinking Housing: Between State, Market and Society” report

26/06/2019

Appointment of To’ Puan Azian Mohd Aziz, Prof Xiao’ou Tang and Lau Seng Yee as new members of the Board of Directors

12/07/2019

Khazanah makes placement of RM2.0b Exchangeable Bond with CIMB as underlying shares

15/07/2019

Khazanah divests 40% stake in Malaysia Shoaiba Consortium

29/07/2019

M+S Pte Ltd’s divestment of Duo office and retail space

16/09/2019

UEM Group divests 55% stake in PT Lintas Marga Sedaya

17/09/2019

Khazanah enters into agreement to divest 100% of Prince Court Medical Centre to IHH Healthcare Berhad

03/10/2019

Khazanah Research Institute launches “Time to Care: Gender Inequality, Unpaid Care Work and Time Use Survey” report

07/10/2019

Khazanah Megatrends Forum 2019

08/10/2019

M+S Pte Ltd divests Andaz Singapore at Duo

11/12/2019

Khazanah Research Institute launches “Demarcating Households: An Integrated Income and Consumption Analysis” report

01/02/2020

PLUS Malaysia – Toll rates reduction

24/02/2020

Khazanah moves its headquarters to Mercu UEM, KL Sentral

02/03/2020

Khazanah Annual Review 2020

23/03/2020

Yayasan Hasanah and Telekom Malaysia coordinated the GLC/GLIC Disaster Response Network (GDRN) support to assist Ministry of Health in responding to COVID-19 pandemic

01/04/2020

Appointment of Prime Minister Tan Sri Muhyiddin Mohd Yassin as Chairman, Finance Minister Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz and Dato’ Mohammed Azlan Hashim as new Board of Directors members

06/04/2020

Khazanah contributes RM20 million to COVID-19 relief

13/04/2020

Khazanah Research Institute launches “Implications of the Dominant Shift to Industrial Crops in Malaysian Agriculture (Phase I)” report

15/04/2020

Yayasan Hasanah launches Hasanah Special Grant 2020

22/05/2020

Placement of 172.3m shares in Telekom Malaysia (TM)

11/08/2020

Themed Attractions Resorts & Hotels (TAR&H) launches Anantara Desaru Coast

06/09/2020

Themed Attractions Resorts & Hotels (TAR&H) launches One&Only Desaru Coast

05/10/2020

Malaysia Airlines Group (MAGB) announces restructuring plan

13/10/2020

Khazanah Research Institute launches “Welfare in Malaysia Across Three Decades” report

03/11/2020

Khazanah Research Institute launches “Work in an Evolving Malaysia” report

06/11/2020

Yayasan Hasanah announced as secretariat of CERDIK initiative during Budget 2021

16/11/2020

Khazanah appoints Dato’ Zainal Abidin Putih as board member

01/12/2020

Khazanah Research Institute launches “Social Inequalities and Health in Malaysia” report

25/01/2021

Khazanah Research Institute launches “System Dynamics Model of Industrial” report

04/03/2021

Khazanah Annual Review 2021

22/03/2021

Malaysia Aviation Group Berhad completes restructuring process

04/05/2021

Launch of Khazanah Impact Innovation Challenge 2021

05/05/2021

Khazanah issues unrated sukuk of USD1.0b

21/06/2021

Khazanah Research Institute launches “Navigation Challenges, Realising Opportunities of Digital Transformation” publication

23/09/2021

Khazanah Research Institute launches “Building Resilience: Towards Inclusive Social Protection in Malaysia” report

04/10/2021

Khazanah Megatrends Forum 2021

29/10/2021

CERDIK distributes digital devices to 150,000 students

01/11/2021

Dana Impak execution strategy approved

17/11/2021

The Hasanah Forum 2021

20/12/2021

Khazanah and Yayasan Hasanah pledged RM7.5m to help flood victims

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