The potential withdrawal of BlackRock's investment from Malaysia could negatively impact the country's investment agenda, said Minister of Investment, Trade and Industry Tengku Zafrul Aziz. BlackRock, the world's largest asset manager, holds assets worth RM27.5 billion in Malaysia, including significant stakes in 100 public-listed companies. BlackRock's investments in Malaysia's stock market and bonds support various sectors, creating jobs and contributing to high-tech growth. Malaysia does not have policies preventing such investments.BLACKROCK INVESTMENTS REACH RM27.5B, WITHDRAWAL WILL HAVE NEGATIVE IMPLICATIONS
The potential withdrawal of BlackRock's investment from Malaysia could negatively impact the country's investment agenda, said Minister of Investment, Trade and Industry Tengku Zafrul Aziz. BlackRock, the world's largest asset manager, holds assets worth RM27.5 billion in Malaysia, including significant stakes in 100 public-listed companies. BlackRock's investments in Malaysia's stock market and bonds support various sectors, creating jobs and contributing to high-tech growth. Malaysia does not have policies preventing such investments.
