<article>Sovereign wealth fund <a href="https://www.dealstreetasia.com/?s=Khazanah+Nasional+Bhd">Khazanah Nasional Bhd</a>. is weighing a sale of <a href="https://www.dealstreetasia.com/?s=Legoland+Malaysia+Resort">Legoland Malaysia Resort</a>, people with knowledge of the matter said.</article>

Sovereign wealth fund <a href="https://www.dealstreetasia.com/?s=Khazanah+Nasional+Bhd">Khazanah Nasional Bhd</a>. is weighing a sale of <a href="https://www.dealstreetasia.com/?s=Legoland+Malaysia+Resort">Legoland Malaysia Resort</a>, people with knowledge of the matter said.
The theme park could be valued at around 1 billion ringgit ($245 million) including debt, the people said, asking not to be identified because the information is private. Khazanah is considering the potential divestment as part of its review of non-core assets, according to the people.
Legoland Malaysia, located in the southern state of Johor, is owned by a Khazanah unit and operated by Merlin Entertainments Plc. It’s the first Lego-themed park in Asia, covering an area equivalent to over 50 soccer fields with more than 15,000 Lego models made from over 60 million bricks.
No final decisions have been made, and Khazanah could decide to keep the property, the people said. A representative for Khazanah didn’t immediately respond to a request for comment.
Also read:
<a href="https://www.dealstreetasia.com/stories/malaysia-khazanah-2018-124235/">Malaysia’s Khazanah unveils refreshed mandate after a weak 2018</a>
Bloomberg

The sovereign wealth fund is said to be considering the potential divestment as part of its review of non-core assets.

Khazanah said to mull sale of $245m Legoland resort

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Khazanah said to mull sale of $245m Legoland resort

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