Discover the latest on BlackRock's involvement in Malaysia Airports privatisation and the political warnings from the Prime Minister. Don't miss out!
The ongoing saga surrounding BlackRock and the privatisation of Malaysia Airports Holdings Bhd (MAHB) has captured the attention of many. Global Infrastructure Partners (GIP) and Malaysian sovereign wealth fund Khazanah Nasional are leading a consortium vying for control of MAHB, with BlackRock notably absent from the deal. Prime Minister Datuk Seri Anwar Ibrahim has cautioned against using the BlackRock issue for political gain, emphasizing the importance of ethical conduct. Despite reassurances from GIP that BlackRock is not involved in the MAHB transaction, concerns and debates regarding foreign involvement in Malaysian assets persist.
In a separate development, former BlackRock executive Paul Bodnar has called for unity in combating climate change. Bodnar stressed the need to shift the narrative away from demonizing the fossil fuel industry and instead focus on collaboration for sustainability. This plea comes amidst growing global awareness of the urgent need for climate action, highlighting the role of influential figures in advocating for environmental responsibility.
As the controversy unfolds, opposition to the MAHB privatisation from Umno ministers, citing concerns over Israeli links, adds another layer of complexity. The anti-Israel sentiment and the implications of foreign ownership on strategic Malaysian assets underscore the intricate web of political and economic interests at play. Prime Minister Anwar Ibrahim has reiterated the importance of not politicising the BlackRock issue, urging all parties to maintain a balanced and constructive dialogue.
In the midst of these developments, it's clear that the BlackRock controversy has sparked a multifaceted discussion on economic sovereignty, ethical business practices, climate activism, and political dynamics in Malaysia. The outcome of the MAHB privatisation bid and the ongoing scrutiny over foreign involvement in critical industries are set to shape the country's future economic landscape.
GIP, Malaysian sovereign wealth fund Khazanah Nasional and others are part of a consortium that has offered to take over Malaysia Airport (MAHB) in a ...
PETALING JAYA: Do not exploit the Blackrock issue for political mileage warned Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, June 21 — Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to ...
PETALING JAYA: New York City-based investment firm BlackRock is not involved in the move to privatise Malaysia Airports Holdings Bhd (MAHB), ...
Global Infrastructure Partners will retain full control of for company after acquisition by US investment giant, says officer.
Paul Bodnar, BlackRock Inc.'s former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances ...
The former prime minister says it makes no sense for Malaysia Airports to sell its shares to outsiders when it is making profits.
UMNO ministers in the unity government will never agree to allow Malaysia Airports Holdings Bhd (MAHB) to be privatised by a company linked to Israel, ...
PETALING JAYA, June 21 — Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, particularly the opposition, not to politicise BlackRock's purported ...
Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to Malaysia Airports Holdings ...
Global Infrastructure Partners (GIP) has said its buyer, the US-based investment firm BlackRock, will not be involved in privatizing Malaysia's airport ...
Paul Bodnar, BlackRock's former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances to be ...
PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim today warned detractors not to exploit the BlackRock issue for political mileage.
The plan to privatise Malaysia's airport operator has come under criticism over GIP's links to the investment giant's dealings with Israel.
Treasurer Daniel Elliott accused BlackRock of making illegal environmental, social or governance (ESG) commitments.
BlackRock raised alarm bells for its commitment to environmentally and socially conscious investing, according to the treasurer's office.
Indiana passed a law in 2023 directing the Indiana Public Retirement System board to refrain from making investments aimed at environmental, social, ...
PETALING JAYA: Former prime minister Dr Mahathir Mohamad has defended his meeting with fund managers in the United Kingdom in 2018, which included US asset ...
NIBONG TEBAL: The exploitation by certain parties of BlackRock Inc.'s purported involvement in the restructuring of Malaysia Airport Holding Bhd (MAHB) are ...
NIBONG TEBAL, June 22 — The exploitation by certain parties of BlackRock Inc's purported involvement in the restructuring of Malaysia Airport Holding Bhd ...
Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, particularly the opposition, not to politicise BlackRock's purported involvement in the ...
Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to Malaysia Airports ...