Malaysian state investor downplays political uncertainty

KUALA LUMPUR (Reuters) - Political uncertainty arising from Malaysia's recent shock election result is not a big issue for state-linked companies, the head of state investment arm Khazanah Nasional said on Tuesday.

Many state-linked firms are involved in projects being pursued by the ruling Barisan Nasional coalition, which suffered its worst election setback in 50 years during the March 8 poll, with the opposition winning control of five states.

Signals so far made by opposition-led state governments were positive, Khazanah Managing Director Azman Mokhtar told reporters at the Invest Malaysia conference.

(Reporting by Clarence Fernandez; Editing by Jan Dahinten)