KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is focused on sustaining its 2025 strong performance momentum while remaining alert to an increasingly complex and evolving external environment.
Its acting president and group chief executive, Datuk Rizal Rickman Ramli, said the global outlook continues to be shaped by heightened tensions and macroeconomic uncertainty, in particular, the escalation of conflicts in West Asia.
He said this has further strained an already fragile geopolitical landscape, disrupting supply chains, affecting energy flows and driving volatility in global energy prices.
"These developments are expected to have broader knock-on effects on global growth and capital markets.
"In navigating this environment, our resilience is underpinned by actions at both the portfolio and enterprise levels, while continuing to deliver sustainable value to our unitholders," he said in a statement in conjunction with the release of its Integrated Report 2025 (IR 2025).
According to the IR 2025, the fund manager recorded strong investment outcomes with its assets under management (AUM) rising to RM366.5 billion, bringing the organisation closer to its LEAP-6 target of RM400 billion by 2027, despite trade tensions, cautious monetary easing and geopolitical volatility.
The flagship Amanah Saham Bumiputera (ASB) fund declared a dividend of 5.75 sen per unit, resulting in a record payout of RM15.3 billion to 11.4 million unitholders nationwide.
"Our growth in AUM reflects not only financial strength but also the effectiveness of our customer-centric approach and disciplined investment strategy," said Rizal Rickman.
Meanwhile, he said the consolidation of Ekuiti Nasional Bhd (Ekuinas) under PNB represents a key structural development that would have lasting implications for the role PNB plays in Corporate Malaysia, including providing deeper capabilities to nurture bumiputera enterprises across their growth journey, from pre- to post-listing.
In parallel, PNB’s role in the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) and the 10 Bumiputera Champions initiative reflects its commitment to fostering inclusive economic growth and developing credible, future-ready businesses.
The report also underscores PNB’s progress in embedding sustainability across its portfolio and operations.
The organisation achieved Net Zero Enterprise emissions for Scope 1 and Scope 2 in 2025, marking a milestone in its decarbonisation journey.
PNB also advanced towards its Net Zero Portfolio 2050 ambition, with 40 per cent of portfolio emissions now covered by credible net zero targets.
"Sustainability is not an adjunct to our strategy, it is integral to our risk management, value creation and institutional credibility.
"Achieving Net Zero Enterprise emissions in 2025 demonstrates that meaningful progress is possible with clear intent and disciplined execution," he added. - Bernama
