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Malaysia $1.68 Billion Sarawak State Sovereign Wealth Future Fund Hires CLSA Securities Malaysia Head of Investment Banking Rahmat Yusuf as CEO, Former Director of Investments at Malaysia Sovereign Wealth Fund Khazanah Nasional
14th March 2024 | Hong Kong
Malaysia Sarawak state new sovereign wealth fund (Sovereign Wealth Future Fund) seeded with $1.68 billion (MYR 8 billion) has hired CLSA Securities Malaysia Head of Investment Banking Rahmat Yusuf as CEO. Prior to CLSA Securities, Rahmat Yusuf was the former Director of Investments at Malaysia Sovereign Wealth Fund Khazanah Nasional. Sarawak Sovereign Wealth Future Fund (invest for long-term growth) operates independently from Sarawak state government and the fund will only be used in emergencies.
“ Malaysia $1.68 Billion Sarawak State Sovereign Wealth Future Fund Hires CLSA Securities Malaysia Head of Investment Banking Rahmat Yusuf as CEO, Former Director of Investments at Malaysia Sovereign Wealth Fund Khazanah Nasional “
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Malaysia Sarawak State New Sovereign Wealth Fund Seeded with $1.68 Billion for Long-Term Growth, Fund Will Operate Independently & Funds to be Used Only in Emergencies
2nd November 2023 – Malaysia Sarawak state new sovereign wealth fund (Sovereign Wealth Future Fund) is seeded with $1.68 billion (MYR 8 billion) by the state for long-term growth. The $1.68 billion fund will operate independently from Sarawak state government and the fund will only be used in emergencies.
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