Thursday, September 22, 2016

Surprise, surprise: Malaysia’s pension fund just invested in Uber

The investment marks the public-sector pension fund’s first investment in a foreign company Ride-hailing giant Uber today announced that it has received investment from a rather surprising investor — Kumpulan Wang Persaraan (Diperbadankan) or KWAP, Malaysia’s public-sector pension fund. The amount of the investment was undisclosed, and it marks the pension fund’s first direct investment...
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