Khazanah Nasional Bhd does not intend to increase the number of investors under wholly owned company i2M Ventures Sdn Bhd as its functions will cease after agreements with its 12 active investors conclude.
“The last agreement is set to expire in 2027,“ she said in her winding-up speech on the motion on the Auditor General’s Report in the Dewan Rakyat today. “In 2020, a decision was made to integrate i2M Ventures operations with Iskandar Investment Bhd and to change i2M Ventures from an active to an inactive company,“ she said.
The July 4 Auditor General’s Report 2/24 had advised a review of i2M Ventures to ensure the relevance of its existence after fulfilling all commitments and agreements with Iskandar Global Business Services investors in 2025.