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PNB’s next plan for Maybank - creating RM20bil syariah-compliant banking entity

KUALA LUMPUR: In a move to tap into the growing number of Islamic funds, Permodalan Nasional Bhd (PNB) is working on a proposal to carve out a portion of Malayan Banking Bhd (Maybank) shares into a separate syariah-compliant vehicle.

Wahid talking to the media after a luncheon talk with the media. yesterday. - KAMARUL ARIFFIN/The Star

PNB: Mega tower not expected to create office space glut

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) does not expect its Merdeka PNB118 mega tower to create an office space glut in the KL city centre, given sufficient demand once it is completed.

“At the end of the day, we think it will create enough rental income for PNB,” Wahid said at a luncheon talk jointly organised by the Malaysian Press Institute and PNB yesterday

Merdeka PNB 118 mega-tower development on track

KUALA LUMPUR: PNB group chairman Tan Sri Abdul Wahid Omar says the construction of its Merdeka PNB 118 mega-tower is progressing well.

PNB looking to carve out 20% of Maybank shares into Islamic shares


KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is working on carving out 20% of Maybank shares into Islamic or i-shares through a ring fencing mechanism.

Group chairman Tan Sri Abdul Wahid Omar: "Permodalan Nasional Bhd (PNB) is looking at the designation of 20% of Maybank shares into Islamic or i-shares through a ring fencing mechanism."

Veteran journalist Rehman dies at 62

PETALING JAYA: Veteran journalist and A Malaysian Journey author Rehman Rashid, who suffered a heart attack early this year, has died. He was 62. His brother Rafique, 59, said Rehman passed away in Hospital Selayang, where he had been warded after suffering the heart attack while cycling on Jan 26.

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The Star's R.AGE team wins the country's top journalism prize

The Star's R.AGE team has won Malaysia's top journalism prize, the prestigious Kajai Award at the Malaysian Press Institute or MPI Awards on Friday. They also won the Best Investigative Reporting category for their 'Predator in My Phone' Prject.

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R.AGE is best at the awards

KUALA LUMPUR: The Star’s R.AGE team has won almost every major international media award open to it over the past few years, and can now finally add Malaysia’s top press prize to that list as well.

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The Star's R.AGE team wins top journalism prize

KUALA LUMPUR: The Star's R.AGE team has won Malaysia's top journalism prize – the prestigious Kajai Award at the Malaysian Press Institute (MPI) Awards Friday night.

The Star's award winners with Prime Minister Datuk Seri Najib Tun Razak (fifth from right) and his wife Datin Seri Rosmah Mansor.

Degree ranked among the nation’s best

UNIVERSITI Sains Malaysia’s (USM) School of Communication is one of the best in Malaysia.

Still press-ing ahead in top form after 45 years

AS STAR Media Group turned 45, Penangites took a chance to thank the company for being the people’s paper all these years.

Liong (middle, in red) standing beside Suthakar and IT operation (north) head Khoo Boo Taik, while celebrating the companys 45th anniversary together with the Penang management and staff at the Star Northern Hub. - Photos: WAN MOHIZAN WAN HUSSEIN, CHARLES MARIASOOSAY and ZHAFARAN NASIB. Video: ZAINUDIN AHAD
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