As at 31 December 2016 | List is not exhaustive

SELECTEDPORTFOLIOSOF COMPANIES

Blue Archipelago100%

Biotropics Malaysia100%

e Holstein MilkCompany

30%

MAFC100%

Istanbul SabihaGokcen

100 % OWNED BYMAHB

Malaysia AirlinesBerhad100%

Malaysia AirportsHoldings Berhad

36.7%

PenerbanganMalaysia

100%

ASTRO HoldingsSdn Bhd29.3%

Iskandar MalaysiaStudios99.4%

ASTRO MalaysiaHoldings

20.7%

Imagica SEA51%

Rhizophora Ventures100%

Avicennia Capital100%

Sun Life MalaysiaTakaful

49% OWNED BYAVICENNA CAPITAL

Acibadem Sigorta100 % OWNED BY

AVICENNA CAPITAL

CIMB Group 29.3%

IDFC9.5%

Sun Life MalaysiaAssurance

49 % OWNED BYAVICENNA CAPITAL

Bank Muamalat30%

Jadwa Investment10.3%

ACR ReTakaful40%

20% OWNED BYACR CAPITAL

ACR Malaysia70%

30% OWNED BYACR CAPITAL

ACR Capital23.4%

WeLab12.6%

Fajr Capital21.1%

Valuecap33.3%

China Huarong1.9%

BDO Unibank4.6%

Citic Securities0.8%

Acibadem15%

60% OWNED BY IHHHEALTHCARE BERHAD

IHH HealthcareBerhad42.3%

Apollo Hospitals10.9% OWNED BYIHH HEALTHCARE

Pantai100% OWNED BYIHH HEALTHCARE

Parkway100% OWNED BYIHH HEALTHCARE

InternationalMedical University

100% OWNED BYIHH HEALTHCARE

UEM Group100%

PLUS Malaysia51% OWNED BY

UEM GROUP

UEM Builders100% OWNED BY

UEM GROUP

UEM Edgenta

CIMA100% OWNED BY

UEM GROUP

SilTerra Malaysia100%

Atlantic Quantum100%

Alibaba0.2%

General Fusion

Aemulus15.0%

Xeraya Capital100%

MTDC100%

Continuum Capital Sdn Bhd

100%

Cainiao Network

Fractal Analytics

Sea

Resorts & Hotels100%

CREATIVE & MEDIAAGRIFOOD HEALTHCAREFINANCIAL SERVICES INFRASTRUCTURE& CONSTRUCTIONAVIATION LIFE SCIENCES LEISURE & TOURISMINNOVATION

& TECHNOLOGY

John Keells10.2%

LeapEd100%

i2M Ventures100%

Tenaga Nasional28.9%

Shuaibah Waterand Electricity

Company12%

6% OWNED BY TENAGA NASIONAL

POWER

BeijingEnterprises

EnvironmentGroup23.1%

Cenviro100%

Cenergi SEA92.9%

BeijingEnterprisesWater Group

4.6%

RedT Energy13.3%

SUSTAINABLEDEVELOPMENT

Medini IskandarMalaysia

40% OWNED BYISKANDAR VENTURESAND 20% OWNED BY

ISKANDAR INVESTMENTBERHAD

Southern Marina30%

Pulau IndahVentures

50%

UEM Sunrise

Iskandar Investment Berhad

60%

M+S Pte Ltd60%

Sunway Iskandar40%

Putrajaya Holdings15.6%

STLR100%

Iskandar Ventures100%

8990 Holdings8.6%

PROPERTY

69.1% OWNED BYUEM GROUP

OTHERS

66.1 % OWNED BYUEM GROUP

Pulau KapasVentures

30%

Axiata37.6%

Telekom Malaysia26.2%

TIME dotCom11.3%

31.3% OWNED BYPULAU KAPAS

VENTURES

TELE-COMMUNICATIONS

(previously knownas Garena)

Source: Khazanah Analysis

Blue Archipelago100%

Biotropics Malaysia100%

e Holstein MilkCompany

30%

MAFC100%

Istanbul SabihaGokcen

100 % OWNED BYMAHB

Malaysia AirlinesBerhad100%

Malaysia AirportsHoldings Berhad

36.7%

PenerbanganMalaysia

100%

ASTRO HoldingsSdn Bhd29.3%

Iskandar MalaysiaStudios99.4%

ASTRO MalaysiaHoldings

20.7%

Imagica SEA51%

Rhizophora Ventures100%

Avicennia Capital100%

Sun Life MalaysiaTakaful

49% OWNED BYAVICENNA CAPITAL

Acibadem Sigorta100 % OWNED BY

AVICENNA CAPITAL

CIMB Group 29.3%

IDFC9.5%

Sun Life MalaysiaAssurance

49 % OWNED BYAVICENNA CAPITAL

Bank Muamalat30%

Jadwa Investment10.3%

ACR ReTakaful40%

20% OWNED BYACR CAPITAL

ACR Malaysia70%

30% OWNED BYACR CAPITAL

ACR Capital23.4%

WeLab12.6%

Fajr Capital21.1%

Valuecap33.3%

China Huarong1.9%

BDO Unibank4.6%

Citic Securities0.8%

Acibadem15%

60% OWNED BY IHHHEALTHCARE BERHAD

IHH HealthcareBerhad42.3%

Apollo Hospitals10.9% OWNED BYIHH HEALTHCARE

Pantai100% OWNED BYIHH HEALTHCARE

Parkway100% OWNED BYIHH HEALTHCARE

InternationalMedical University

100% OWNED BYIHH HEALTHCARE

UEM Group100%

PLUS Malaysia51% OWNED BY

UEM GROUP

UEM Builders100% OWNED BY

UEM GROUP

UEM Edgenta

CIMA100% OWNED BY

UEM GROUP

SilTerra Malaysia100%

Atlantic Quantum100%

Alibaba0.2%

General Fusion

Aemulus15.0%

Xeraya Capital100%

MTDC100%

Continuum Capital Sdn Bhd

100%

Cainiao Network

Fractal Analytics

Garena

Resorts & Hotels100%

CREATIVE & MEDIAAGRIFOOD HEALTHCAREFINANCIAL SERVICES INFRASTRUCTURE& CONSTRUCTIONAVIATION LIFE SCIENCES LEISURE & TOURISMINNOVATION

& TECHNOLOGY

John Keells10.2%

LeapEd100%

i2M Ventures100%

Tenaga Nasional28.9%

Shuaibah Waterand Electricity

Company12%

6% OWNED BY TENAGA NASIONAL

POWER

BeijingEnterprises

EnvironmentGroup23.1%

Cenviro100%

Cenergi SEA92.9%

BeijingEnterprisesWater Group

4.6%

RedT Energy13.3%

SUSTAINABLEDEVELOPMENT

Medini IskandarMalaysia

40% OWNED BYISKANDAR VENTURESAND 20% OWNED BY

ISKANDAR INVESTMENTBERHAD

Southern Marina30%

Pulau IndahVentures

50%

UEM Sunrise

Iskandar Investment Berhad

60%

M+S Pte Ltd60%

Sunway Iskandar40%

Putrajaya Holdings15.6%

STLR100%

Iskandar Ventures100%

8990 Holdings8.6%

PROPERTY

69.1% OWNED BYUEM GROUP

OTHERS

66.1 % OWNED BYUEM GROUP

Pulau KapasVentures

30%

Axiata37.6%

Telekom Malaysia26.2%

TIME dotCom11.3%

31.3% OWNED BYPULAU KAPAS

VENTURES

TELE-COMMUNICATIONS

Listed company