The Malaysianist

The Malaysianist

Farhash’s latest cash trust (and haircut)

Anwar's ex-aide is seeking to cut the noise from public deals.

Jan 11, 2026
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As the subject line suggests, it’s time to take another look at Farhash Wafa Salvador — formerly political secretary to Prime Minister Anwar Ibrahim — and a set of recent corporate moves that were done “quietly”, to quote the favourite AI editor adverb.

Two developments stand out:

➜ The emergence of a Farhash-linked interest in a private cash trust company.

➜ His year-end exit from MMAG Holdings and what that may signal about where he is placing his chips next.

First, a PE-related ICYMI:

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