We’re excited to join forces with Turiya Berhad, building on our commitment to Malaysia’s growing corporate and capital markets. This move reflects our confidence in the long-term growth of Southeast Asia, underscoring our commitment to identifying value-accretive opportunities that deliver both commercial and societal impact. 

Strengthening our engagement to Malaysia’s corporate and capital markets, we acquired Turiya through our Singapore entity, Bin Zayed International (S) Pte Ltd (BZS), positioning us as one of Turiya’s largest shareholders. This aim of the partnership is to professionalize operations, layer new business verticals, and use public-market disclosure to tighten cost of capital and pursue a re-rating as key performance indicators improve-creating a listed “home” for SEA assets rather than deal-by-deal exits.

This partnership complements our wider investment focus across high-impact sectors such as real estate, renewable energy, infrastructure, technology, and financial services. 

With this move, we demonstrate our belief in the growth potential of local entities and commitment to active engagement in both public and private markets. 

As noted by Dato’ Sri Dr. Shamir Kumar Nandy, Managing Director of Bin Zayed International (M) Berhad (BZIM) and Executive Director of BZS, the acquisition aligns with our core values of sustainable growth, forward-thinking leadership, and business models that serve both commercial and societal needs. 

“This acquisition is an important step in our journey and signals our continued belief in Southeast Asia as a global centre for opportunity,” he said. 

By acquiring Turiya, we strengthen our mandate to pursue growth opportunities that enhance our global positioning, while opening new avenues for synergy, innovation, and sustainable development across Southeast Asia. 

Media Sources:  

• Bernama – Bin Zayed International Acquires 28.89 Pct Stake in Turiya 
• News Straits Times – UAE’s Bin Zayed buys into Turiya, first foray into Malaysia’s capital market
• Berita Harian – Bin Zayed International beli 28.89 peratus saham firma Malaysia, Turiya 
• Bernama – Bin Zayed International Ambil Alih 28 Peratus Kepentingan Dalam Turiya
• Dagang News – Bin Zayed peroleh 28.89% pegangan dalam Turiya, kukuhkan komitmen pelaburan di Malaysia 
• Klsescreener – Bin Zayed kuasai 28.89 peratus kepentingan dalam Turiya Bhd 
• Klsescreener – UAE’s Bin Zayed buys into Turiya, first foray into Malaysia’s capital market 
• Klsescreener – Bin Zayed International beli 28.89 peratus saham firma Malaysia, Turiya 
• Lumi News – Bin Zayed International beli 28.89 peratus saham firma Malaysia, Turiya 
• Mcigroup – BusinessEditor’s Pick – Bin Zayed International Acquires 28.89 Pct Stake In Turiya 
• The Edge – Insider Moves: Ecofirst Consolidated Bhd, XL Holdings Bhd, Turiya Bhd, KIP Real Estate Investment Trust, YTL Power International Bhd, YTL Corp Bhd, Sunway Bhd