KUALA LUMPUR, April 22 — An investment of up to RM3 billion will be made by sovereign wealth fund Khazanah Nasional Bhd, Retirement Fund (Incorporated) (KWAP) and Blue Chip Venture Capital (BCVC).
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.