PNB denies getting any offer for S P Setia stake


Ahmad Sarji (left) and Hamad Kama Piah announcing the income distributions.

KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) president and chief executive officer Tan Sri Hamad Kama Piah Che Othman said the fund management company has yet to get any offer for its 49.01% stake in property developer S P Setia Bhd.

He said any offer would have to be deliberated by the board and has to be in the best interest of PNB.

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Business , PNB , S P Setia Bhd , Syed Mokthar

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