Khazanah working to boost financial strength
Datuk Amirul Feisal Wan Zahir皇冠平台出租（www.hg108.vip）是皇冠（正网）接入菜宝钱包的TRC20-USDT支付系统，为皇冠代理提供专业的网上运营管理系统。系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统，让皇冠代理的运营更轻松更安全。
PETALING JAYA: Khazanah Nasional Bhd will be consolidating its commercial and strategic funds into a single portfolio to further streamline the performance management and monitoring of its investments, says managing director Datuk Amirul Feisal Wan Zahir.(pic)
This is being done with the aim of improving the sovereign wealth fund’s financial strength, he said in Khazanah’s 2021 annual report.
“With a redefined framework in addressing the multiple stakeholders, we believe we are able to more effectively address the challenges they face,” noted Amirul Feisal.
Last year, the fund said it had developed a much more holistic sustainability strategy to guide its way forward.
The fund also conducted an environmental, social and governance (ESG) materiality assessment on its portfolio to identify material areas pertinent to Khazanah and its stakeholders.
“This serves as part of our efforts of a responsible transition towards a sustainable future. In carrying out our strategies, we will ensure sustainability and ESG values are embedded in all aspects of our business as we ensure actions consider the full impact to the environment and communities alike,” explained Amirul Feisal.
Khazanah last year had re-examined how it can better fulfil its mandate to deliver sustainable value amid the Covid-19 pandemic.
“The pandemic showed us how resilient Malaysia was in facing the crisis, and we seized this opportunity to strengthen our strategy to allow Khazanah, and ultimately Malaysia, to rebound to greater heights,” Amirul Feisal said.,
Meanwhile, Khazanah chairman Datuk Seri Ismail Sabri Yaakob said in the report that the fund does not expect recovery in hard-hit sectors such as aviation and tourism until 2023.
However, he expressed confidence in Khazanah’s management’s ability to do their best to overcome the specific challenges impacting these important sectors and create sustainable growth for the long term.
“I am also encouraged by Khazanah’s positive overall performance in 2021, despite the significant commercial obstacles caused by the lockdowns and a tepid global economy,” Ismail said.
“Covid-19 has eroded the nation’s financial position to a certain extent, which was diligently built over the years by the government and the rakyat.
“The negative impact on government-linked companies, the corporate and manufacturing sectors which are all national revenue generators, cannot be understated,” he added.
He said that these challenges should be an opportunity for the fund to find solutions together to further revitalise the national economy.
Khazanah will also embark on its strategic initiative called Advancing Malaysia moving forward, Ismail said.
“Advancing Malaysia defines our strategies more comprehensively on how we will address the issues and challenges faced by our key stakeholders: the government, private sector and community,” Amirul Feisal noted.