Business

PNB to invest more abroad

By EUGENE MAHALINGAM
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.

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