Malaysia: ValueCap shareholders to contribute $4.6b fresh funds announced by PM

Malaysia: ValueCap shareholders to contribute $4.6b fresh funds announced by PM

Valuecaps subsidiaries are another two fund management firms VCAP Asset Managers and i-VCAP Management.

The MYR20 billion ($4.6 billion) injection into Malaysia’s state investment firm ValueCap Sdn Bhd will not be allocated directly from the government’s coffers but rather from the three main shareholders in the firm, Minister in the Prime Minister’s Department Abdul Wahid Omar said.

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