KUALA LUMPUR: Malaysia will inject $4.6 billion to bolster its stock market and will spend millions more dollars on infrastructure projects, Prime Minister Najib Razak said Monday, announcing a fresh bid to stimulate the slowing economy.
Najib, who is also finance minister, said 20 billion ringgit ($4.6 billion) would be parked under the dormant equity investment firm, ValueCap, which was set up in 2002 to invest in undervalued Malaysian firms.
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