• 6 months ago
The investment, trade and industry minister says dropping the global investment firm’s investments would have clear negative effects on the nation’s investment agenda.


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https://www.freemalaysiatoday.com/category/nation/2024/06/27/blackrock-has-been-here-since-the-90s-says-tengku-zafrul/

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Transcript
00:00Investment trade and industry minister Tengku Zafrul Aziz cited the above figures when explaining
00:19to the Dewan Rakyat today that dropping global investment from BlackRock will have clear
00:24implications and negative effects on the nation's investment agenda.
00:28He said neither his ministry nor Putrajaya has dealt with the firm directly, adding that
00:33BlackRock's dealings with companies such as Microsoft and Intel do not directly involve
00:37shareholders.
00:38Zafrul also said that BlackRock has been investing in Malaysia for decades.
00:58Yesterday, former Minister Kary Jamaluddin said, using the excuse that BlackRock had
01:12already invested in Malaysia to justify allowing global infrastructure partners to participate
01:17in the privatization of Malaysia Airport's Holdings Berhad is not an apple-to-apple comparison.

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