PNB to invest more abroad


Permodalan Nasional Bhd group chairman Tan Sri Dr Zeti Akhtar Aziz a progress update and income distribution announcement for PNB.

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) plans to invest more overseas, as the fund’s asset under management (AUM) crossed the RM300bil mark for the first time.

AUM hit a record high of RM301.4bil as at May 31, 2019, up 7% from RM281.8bil a year ago.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

SC partners IsDB to advance Islamic capital market, social finance
TA Securities values ACE Market-bound Sin-Kung at 16.5 sen
ACE Market-bound Kawan Renergy aims to raise RM33mil from IPO
Mavcom to continue ensuring high-quality of airports through its framework
China's economy on stable, positive trajectory
Singtel falls up to 3% after US$2.3bil impairment
Yen surges on suspected intervention, Asia shares rise
Nestle Malaysia registers resilient 1Q amid cautious consumer spending
Proton opens R&D facility at Hangzhou Bay, China
LPI Capital's 1Q net profit jumps 37%

Others Also Read