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Tencent And Sensetime Execs Join Malaysia's Wealth Fund - Nikkei Asian Review

by asia.nikkei.com posted 2weeks ago 9 views
SHANGHAI -- Malaysian sovereign wealth fund Khazanah Nasional has appointed two executives from Chinese technology companies to its board for the first time, highlighting the priority investment fields under Prime Minister Mahathir Mohamad's leadership. Tencent Holdings senior executive Lau Seng Yee and Tang Xiao'ou, founder of SenseTime, a startup known for facial recognition technology using artificial intelligence, joined the strategic investment fund effective June 26, Khazanah said on Monday. Mahathir chairs Khazanah, a wholly owned state fund with 136 billion ringgit ($33 billion) in realizable asset value.

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