Fund management firm won’t pursue asset divestment if it risks long-term benefits, people’s well-being

KUALA LUMPUR, May 19 — Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended December 31, 2024 (FY2024) against RM13.3 billion in the previous year.

By Sofia Nasir SHAH ALAM, April 10 — Discussions are currently underway with the Housing and Local Government Ministry (KPKT) to ensure that victims of the Putra Heights gas pipeline fire are offered temporary housing closer to their original homes. State executive councillor for housing and...

PUTRAJAYA, Feb 12 — Prime Minister Datuk Seri Anwar Ibrahim wants the implementation of policy and institutional formations in the country to be carried out swiftly and using more effective methods.

KUALA LUMPUR, Jan 22 — The founder of FashionValet Sdn Bhd, Datin Vivy Yusof, and her husband, Datuk Fadzarudin Shah Anuar, have been charged with the misappropriation of RM8 million from Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB), belonging to the company.

YAN, Feb 14 — Permodalan Nasional Bhd (PNB) has donated three harvesting machines worth RM414,000 to the Kedah State Zakat Board (LZNK) which will be available for use by farmers participating in the Asnaf Large-Scale Smart Padifield Scheme (Smart SBBA) programme in Padang Lumat, Sungai Limau here.

KUALA LUMPUR, Jan 26 — Permodalan Nasional Bhd (PNB) president and group chief executive Ahmad Zulqarnain Onn will resign effective February 16, 2024, and assume the position of chief executive officer at the Employees Provident Fund (EPF) on February 19, 2024.

KUALA LUMPUR, Jan 10 — Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Alhaj today opened the Merdeka 118 Tower here.

KUALA LUMPUR, Dec 21 — Amanah Saham Bumiputera (ASB) has recorded a strong performance, resulting from asset allocation and diversification strategies, said Permodalan Nasional Bhd (PNB).

KUALA LUMPUR, Dec 21 — Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.25 sen a unit for its flagship fund Amanah Saham Bumiputera (ASB) for the financial year ending December 31, 2023.

KUALA LUMPUR, Oct 30 — Permodalan Nasional Bhd (PNB), the Employees Provident Fund (EPF) and Retirement Fund (Incorporated) (KWAP) have signed a sale and leaseback transaction agreement valued at RM2 billion with Osram Opto Semiconductors Sdn Bhd for its manufacturing facility in Kulim Hi-tech Park, Kedah.

KUALA LUMPUR, Oct 12 — Permodalan Nasional Berhad (PNB) is committed to empowering the community with financial literacy skills through the organisation of various financial and investment literacy-based programmes.

KEPALA BATAS, Oct 8  —  Visitors are making the most of the last day of Minggu Saham Amanah Malaysia (MSAM) 2023, the biggest annual financial literacy carnival hosted by Permodalan Nasional Berhad (PNB), today, by getting more information on investment and savings.

KUALA LUMPUR, Sept 29 — Amanah Saham Nasional Bhd (ASNB), Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust company, has announced an income distribution payout of RM681.96 million for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending Sept 30, 2023.

KOTA BHARU, April 10 — Permodalan Nasional Bhd (PNB), in collaboration with Gentari Sdn Bhd (Gentari), will be installing 59 electric vehicle (EV) charging units involving 18 properties under the PNB group by year-end.

KUALA LUMPUR, March 30 — Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has announced a total income distribution payout of RM1.64 billion for the financial year ending March 31, 2023.

KUALA LUMPUR, Dec 22 — Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced an income distribution of 4.60 sen a unit for its flagship unit trust fund, Amanah Saham Bumiputera (ASB) for the financial year ending December 31, 2022 (FY2022).

KUALA LUMPUR, Dec 22 — Permodalan Nasional Bhd (PNB) will remain steadfast in managing and growing its assets under management next year despite the ongoing economic uncertainty globally and recessionary fears.

LONDON, Oct 13 — The Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Ahmad Shah Al-Musta’in Billah has officiated the opening ceremony of the Malaysian-owned Battersea Power Station in Central London, ahead of its public launch this Friday.

KUALA LUMPUR, Sept 30 — Amanah Saham Nasional Bhd (ASNB), the wholly-owned unit trust company of Permodalan Nasional Berhad (PNB), announced an income distribution of 3.75 sen per unit for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending September 30, 2022.