Sovereign wealth funds who hold 51% of Velesto Energy Berhad (KLSE:VELESTO) gained 12%, institutions profited as well
Key Insights Velesto Energy Berhad’s significant sovereign wealth funds ownership suggests that the key decisions are influenced by shareholders from the larger public The largest shareholder of the company is Permodalan Nasional Berhad with a 51% stake Institutional ownership in Velesto Energy Berhad is 25% To get a sense of who is truly in control