PNB declares strong dividends for ASB and ASN

Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar (left) and group chief executive Datuk Abdul Rahman Ahmad (right) giving the thumbs-up after announcing strong returns for the group's flagship unit funds - Amanah Saham Nasional and Amanah Saham Bumiputera

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said the restructuring of the group’s main investment companies helped the fund to outperform the broader stock market.

The 7.1% increase in net income to RM15.4bil during the first 11-month of the year allowed PNB to boost returns for its flagship funds Amanah Saham Bumiputera (ASB) to a three year high.