PNB to increase ASM's fund size by RM5bil in line with govt's multiracial society equality commitment

KUALA LUMPUR: The Amanah Saham Malaysia (ASM) fund size will be increased by RM5 billion in line with the Unity Government’s commitment to ensure the equality of multiracial society, Permodalan Nasional Bhd (PNB) said.

In a statement, PNB said this is as announced by Prime Minister and Minister of Finance Datuk Seri Anwar Ibrahim when tabling the Budget 2023 at the Dewan Rakyat today.