Malaysia seeks to put MAVCAP, Penjana Kapital under sovereign wealth fund Khazanah

Malaysia seeks to put MAVCAP, Penjana Kapital under sovereign wealth fund Khazanah

The Petronas Towers in Kuala Lumpur. Photo by Pixabay

Malaysia on Friday sought to put government-backed venture capital (VC) agencies such as Malaysia Venture Capital Management (MAVCAP) and Penjana Kapital under sovereign wealth fund Khazanah Nasional Berhad.

Edited by: Joymitra Rai