Malaysian finance ministry to take over $4.7b Tabung Haji’s underperforming assets

Malaysian finance ministry to take over $4.7b Tabung Haji’s underperforming assets

Visual from Tabung Haji website

A special purpose vehicle (SPV) under the Ministry of Finance will acquire RM19.9 billion ($4.7 billion) worth of Malaysian pilgrim fund Lembaga Tabung Haji’s underperforming assets as part of the latter’s turnaround plans, according to local media reports.

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