KHAZANAH Nasional Bhd shareholders’ funds, as at Dec 31, 2012, stood at RM26,980 million, says Deputy Finance Minister Datuk Ahmad Maslan.
He said the government-owned investment organisation’s realised asset value stood at RM121,439 million, for the same period, with 99 per cent of the shares owned by the Ministry of Finance and the remaining one per cent by the Federal Land Commissioner.
“Between 2004 and 2012, Khazanah disposed 55 assets and companies realising proceeds of RM35.7 billion and profits of RM15.7 billion,” he told the Dewan Negara yesterday.
He was replying to a question by Senator Datuk Abdul Rahman Bakar who asked of Khazanah’s equity status and names of companies disposed and their disposal methods.
Ahmad Maslan said several non-core assets were hived off prudently via open and restricted tenders.
“Several core asset transactions were made by Khazanah Nasional between 2010 and 2013 through open tenders including the sale of 45.03 per cent in Time Engineering Bhd this year.
“Last year, Khazanah also disposed, via restricted tender, the sale of 42.74 per cent equity in Proton Holdings Bhd and in 2011 sold equity stakes in PLUS Expressway Bhd (54.0 per cent), Pos Malaysia Bhd (32.21 per cent) and EON Capital Bhd (10.0 per cent),” he added.
It also sold off an 8.8 per cent equity in Malaysia Airport Holdings and 1.1 per cent in Tenaga Nasional Bhd last year and hived off its shareholding in MAHB (6.0 per cent), Telekom Malaysia Bhd (5 per cent) and CIMB Bhd (2 per cent) in 2010. — Bernama