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News Norges Bank acquires 5% stake in Cahya Mata Sarawak

Norges Bank acquires 5% stake in Cahya Mata Sarawak

Written by Global Cement staff 18 September 2023
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Malaysia: Norway-based Norges Bank has bought a 5% stake in Cahya Mata Sarawak, Bernama Daily Malaysian News has reported.

The bank said “Norges Bank's mission is to promote economic stability and manage substantial assets on behalf of the Norwegian people.” It added “As part of its investment strategy for the Government Pension Fund Global, Norges Bank seeks to optimise returns within the framework of its investment mandate.”

Last modified on 20 September 2023
Published in Global Cement News
Tagged under
  • Malaysia
  • Cahya Mata Sarawak
  • Norges Bank
  • Stake
  • Acquisition
  • pensions
  • bank
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  • GCW626
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