Malaysia's $480m co-investment allocation to go to GLICs, says finance minister

Malaysia's $480m co-investment allocation to go to GLICs, says finance minister

Malaysia’s Finance Minister Lim Guan Eng speaks during a news conference in Putrajaya, Malaysia May 24, 2018. REUTERS/Lai Seng Sin/File Photo

Malaysia will make an up to RM2 billion ($480 million) co-investment allocation announced in its budget earlier to government-linked investment companies (GLICs) such as sovereign wealth fund Khazanah Nasional, finance minister Lim Guan Eng said on Wednesday.

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