PETALING JAYA: Permodalan Nasional Bhd (PNB) is expecting lower income for this year as businesses and households are hit by the economic fallout from the coronavirus (Covid-19) pandemic.
PNB president and group chief executive Jalil Rasheed said that despite the challenging environment, PNB is targeting to distribute “competitive” annual returns to its shareholders, which should be higher than the fixed deposit rate.
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