Malaysia's Khazanah sells stakes worth $1.4b, including in Alibaba

Malaysia's Khazanah sells stakes worth $1.4b, including in Alibaba

The Khazanah Nasional Berhad logo is displayed on a laptop. Photo: Thitikorn Suksao/DealStreetAsia

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd has sold stakes worth 5.66 billion ringgit ($1.36 billion) in seven foreign firms including Alibaba Group Holding Ltd in the first 16 months of the current government, a minister said.

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