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Norges Bank Pulls Back On Malaysian Conglomerate

On September 15, 2023, Cahya Mata Sarawak reported that Norges Bank had become a substantial shareholder. Cahya Mata’s portfolio spans over 35 companies involved in cement manufacturing, phosphates manufacturing, oil tools, green technology, construction materials, trading, construction, road maintenance, property development, financial services, telco infrastructure, and other services. Cahya Mata is an ESG-focused company. Known…

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