Latest news with #AmirulFeisalWanZahir
The Star
4 days ago
- Business
- The Star
Khazanah's Dana Impak initiative a boost for MTCs
Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir. PETALING JAYA: More than 100 mid-tier companies (MTCs) in Malaysia are being honed to level-up via efforts by Khazanah Nasional Bhd's initiative, Dana Impak. In Malaysia, MTCs contribute about 36% to the country's gross domestic product and employ some 16% of the national workforce. In a statement, the sovereign wealth fund said these will include a dual-track approach of capacity development and mobilising growth capital via private credit and private equity strategies. Managing director Datuk Amirul Feisal Wan Zahir said through Dana Impak, the group aims to be both a catalyst and a connector by identifying gaps in the ecosystem, deploying patient capital where markets are underserved, and investing in talent among others. 'Our focus on levelling up Malaysian MTCs represent our Advancing Malaysia strategy to enhance the country's economic competitiveness and resilience,' he said. He added among the initiatives included were the Elevate Programme, a four-month executive leadership programme established by the Securities Commission's affiliate, Capital Markets Malaysia (CMM) with the aim of preparing small and medium enterprises (SMEs) and MTCs for successful capital raising. 'As part of Khazanah's efforts to support MTCs access to the capital markets and strengthen their fundraising capabilities, Khazanah together with CMM will jointly fund MTCs participants in Elevate cohorts until 2027,' it said. Another initiative is the MTC Growth Innovation Programme (MGIP), designed to equip MTCs with the skill sets to venture into new markets or expand into new business segments. Khazanah said there will be masterclasses on customer-centricity, enterprise innovation and business expansion plan validation, while companies will have diagnostic support and executive coaching. MGIP participants such as Enda Group Sdn Bhd said challenges faced as MTC's are distinct from those of SMEs. 'That's what drew us to join MGIP as it is a programme that understands what it takes to scale a business like ours,' said group chief executive officer Mohammad Munzir Aminuddin. According to Amirul, Khazanah's private credit strategy under Dana Impak aims to accelerate the growth of Malaysian MTCs with non-dilutive financing solutions. 'In line with this effort, Khazanah is pleased to announce its partnerships with Navis Capital Partners and Granite Asia,' he said. Under the private equity strategy, Khazanah announced a partnership with Creador, to accelerate regional expansion and drive growth within MTCs through its value creation capabilities. Meanwhile, Khazanah said there are opportunities for MTC's to apply for the next MGIP cohort, which will commence in the third quarter of this year.
New Straits Times
4 days ago
- Business
- New Straits Times
Khazanah boosts support for mid-tier companies
KUALA LUMPUR: Khazanah Nasional Bhd is ramping up support for domestic mid-tier companies (MTCs) through a dual-track strategy under its Dana Impak initiative. This approach combines capacity building with growth capital through private credit and private equity. The initiative aims to benefit over 100 MTCs by strengthening capabilities, improving access to funding and driving innovation-led growth. "Khazanah's private credit strategy under Dana Impak aims to accelerate the growth of Malaysian MTCs through non-dilutive financing solutions," it said in a statement. Khazanah is partnering with Navis Capital Partners, a Kuala Lumpur-based Asean-focused investment firm, and Granite Asia, to provide customised credit solutions that support the growth of local MTCs. Under its private equity track, the sovereign wealth fund is also working with experienced fund managers to help MTCs scale up, enter regional markets, and enhance operations. It also announced a partnership with Malaysian private equity firm Creador, known for helping growth-stage companies expand regionally and unlock performance through value creation. Khazanah managing director Datuk Amirul Feisal Wan Zahir said that through Dana Impak, the fund serves as both catalyst and connector. It addresses gaps in the ecosystem, providing long-term capital where the market falls short, investing in talent, and attracting private investors. "Our focus on levelling up Malaysian MTCs represents our Advancing Malaysia strategy to enhance Malaysia's economic competitiveness and resilience.
The Star
4 days ago
- Business
- The Star
Khazanah supports over 100 Malaysian MTCs through dual-track growth strategy
Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir. KUALA LUMPUR: Khazanah Nasional, through Dana Impak, is supporting over 100 Malaysian mid-tier companies (MTCs) through a dual-track approach involving capacity development and growth capital via private credit and equity. The aim is to strengthen capabilities, expand capital access, and drive innovation-led growth as MTCs navigate a fast-changing economic landscape. 'Through Dana Impak, we act as both catalyst and connector – identifying gaps in the ecosystem, deploying patient capital where markets underserve, investing in talent and helping to crowd in private investors, requiring a whole-of-nation approach to foster innovation and fuel long-term growth,' Khazanah managing director Datuk Amirul Feisal Wan Zahir said in a statement. 'Our focus on levelling up Malaysian MTCs represent our Advancing Malaysia strategy to enhance Malaysia's economic competitiveness and resilience. We are pleased to welcome our partners on this journey to unlock the full potential of Malaysian MTCs,' he added. Meanwhile, Securities Commission (SC) executive chairman Datuk Mohammad Faiz Azmi said MTCs in Malaysia act as a crucial growth engine by enhancing industrial output, creating jobs, fostering innovation and contributing a significant 36% to national gross domestic product (GDP). 'Through our 5 Year MSME & MTC Roadmap (2024–2028) the SC plays a central role in supporting MTCs in Malaysia by enhancing their access to funding, market-readiness, and strategic growth opportunities via the capital markets. 'We commend Khazanah's efforts and support of the SC's long-term goal to ensure a more inclusive and holistic capital market fundraising ecosystem,' Mohammad Faiz said. Khazanah's private credit strategy under Dana Impak aims to accelerate the growth of Malaysian MTCs through non-dilutive financing. To support this, Khazanah is partnering with Navis Capital Partners and Granite Asia to offer tailored credit solutions for MTC growth and expansion. Under its private equity strategy, Khazanah aims to help Malaysian MTCs scale, expand regionally, and strengthen operations by partnering with experienced fund managers. To drive this effort, Khazanah is partnering with Creador, a Malaysian PE firm with a strong regional presence and track record in supporting growth-stage companies. Khazanah invites Malaysian MTCs to apply for the next MGIP cohort starting in Q3 2025. Eligible companies shall be Malaysian-owned, privately held, with annual revenue between RM20mil/RM50mil and RM500mil (services/manufacturing), a profitable track record, and a strong innovation mindset. For more information visit:
New Straits Times
5 days ago
- Business
- New Straits Times
Khazanah rolls out dual-track strategy to boost mid-tier firms
KUALA LUMPUR: Khazanah Nasional Bhd is ramping up support for local mid-tier companies (MTCs) through a dual-track strategy under its Dana Impak initiative, combining capacity building with growth capital via private credit and private equity. The initiative aims to benefit over 100 MTCs by strengthening capabilities, improving access to funding and driving innovation-led growth. "Khazanah's private credit strategy under Dana Impak aims to accelerate the growth of Malaysian MTCs with non-dilutive financing solutions," it said in a statement. Khazanah is partnering with Navis Capital Partners, a Kuala Lumpur-based Asean-focused investment firm, and Granite Asia, to provide customised credit solutions that support the growth of local MTCs. Under its private equity track, the sovereign wealth fund is also working with experienced fund managers to help MTCs scale up, enter regional markets, and enhance operations. It also announced a partnership with Malaysian private equity firm Creador, known for helping growth-stage companies expand regionally and unlock performance through value creation. Khazanah managing director Datuk Amirul Feisal Wan Zahir said that through Dana Impak, the fund plays both a catalyst and connector role, addressing gaps in the ecosystem, providing long-term capital where the market falls short, investing in talent, and attracting private investors. He said this requires a whole-of-nation effort to drive innovation and support sustainable growth. "Our focus on levelling up Malaysian MTCs represent our Advancing Malaysia strategy to enhance Malaysia's economic competitiveness and resilience. We are pleased to welcome our partners on this journey to unlock the full potential of Malaysian MTCs," he said.
The Star
30-07-2025
- Entertainment
- The Star
KL, Terengganu artists selected for Khazanah associate artist residency 2025 in London
Khazanah Managing Director Datuk Amirul Feisal Wan Zahir (middle) said the KAAR programme allow the participants to connect with a lot of other people in London, as the artists work on their arts. --fotoBERNAMA (2025) COPYRIGHTS RESERVED KUALA LUMPUR: Khazanah Nasional Bhd has announced the selection of two emerging Malaysian artists as the 2025 recipients of the Khazanah Associate Artist Residency Programme (KAAR) at Acme Studios, London, for a 12-week programme in September. The selected participants for KAAR 2025 are Lee Mok Yee, a multidisciplinary artist based in Kuala Lumpur and Amar Shahid Salehudin from Terengganu. Lee, 37, who was selected after applying for the third time, said he was excited to be chosen from among 47 applicants, and is now planning how best to utilise the three-month programme in London. "I think it is a great opportunity for me to engage with the communities in London, and also to access larger and international platforms. "When I return to Malaysia, I hope to share my experience and engage in more discussions with fellow artists - to reflect on my journey and explore potential collaborations,' he said after the KAAR 2025 Award Ceremony here Tuesday (July 29). Meanwhile, Amar Shahid, 39, said he was looking forward to possible collaborations or learning opportunities at major London museums, such as the Victoria and Albert Museum, which has a very good photography department, and a focus on conservation, areas that align with his current exploration of batik and practical photography. "I feel like it is the right time for me to start exploring outside, to expand my practice, learn more, and grow further," he said. KAAR, alongside the Khazanah Wolfson Press Fellowship (KWPF) and the Khazanah Sustainability Leadership pilot programme, aims to equip Malaysian talents with the knowledge, skills and networks to contribute meaningfully to society and the economy. It aligns with Khazanah's Advancing Malaysia strategy and the Malaysia Investment Strategy framework - A Nation That Creates - which drives socio-economic outcomes to uplift communities, build capacity, and strengthen national resilience. Khazanah managing director Datuk Amirul Feisal Wan Zahir said the KAAR programme allow the participants to connect with a wide network in London while developing their artistic work. "Being there, you will learn a great deal and grow as an artist. What we find exciting is that when you return and continue to grow, the entire community grows with you. "And I believe that is the whole purpose of this initiative, to make the industry and its artists more vibrant, more thoughtful, and more daring," he said. During their time at Acme's Fire Station Residency, Khazanah said the artists will participate in mentorship sessions, workshops and peer collaborations, while engaging with the broader London art scene. "Their residency also coincides with Frieze Week, offering critical exposure to the global arts community. "Upon returning, both recipients will contribute to the local art ecosystem through mentorship, exhibitions, and public programmes -including Tea Talk sessions and collaborations with Galeri Khazanah," it said in a statement. - Bernama
