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PETALING JAYA: The office buildings in the 70-acre Tun Razak Exchange (TRX) and Permodalan Nasional Bhd’s Merdeka 118 are expected to separate themselves from the rest of the Klang Valley in terms of design, quality and tech advances. Not to mention aesthetics.
KUALA LUMPUR: Datuk Seri Azmin Ali says Permodalan Nasional Bhd (PNB) will do its best to ensure depositors and shareholders receive better returns after announcing one of the lowest dividends for its Amanah Saham Bumiputera (ASB) trust units. Pointing out that PNB was facing a “legacy issue”, the Economic Affairs Minister said what was most important was for the government-linked investment company to conduct good governance in all of its responsibilities.
SOON after Jalil Rasheed took the helm of Permodalan Nasional Bhd (PNB) two-and-a-half months ago, one of the first things he initiated was a corporate Malaysia summit.
THE news this week that Permodalan Nasional Bhd (PNB) declared its lowest ever return sent reverberations among many households in Malaysia.
KUALA LUMPUR: Datuk Seri Azmin Ali claims that legacy issues were why Amanah Saham Bumiputera (ASB) announced its lowest-ever dividends, and that things can only improve in the future.
PETALING JAYA: State-owned investment firm ValueCap Sdn Bhd and its subsidiaries will cease operations.
KUALA LUMPUR: State-owned investment firm Valuecap Sdn Bhd has confirmed that it is seeking to exit the third-party asset management business.
KUALA LUMPUR: State-owned investment firm ValueCap Sdn Bhd and all its subsidiaries will cease operations following a review of the group's strategic direction and after taking into account the decisions of the respective shareholders.
KUALA LUMPUR: Following its lowest dividend payout since Amanah Saham Bumiputera’s (ASB) inception in 1990, Permodalan Nasional Bhd (PNB) is looking to increase investments abroad, enhance risk management and push for “transformational” changes at its investee firms.
PETALING JAYA: Umno leaders say the all-time low income distribution by Amanah Saham Bumiputra (ASB) shows that investors and businesses are troubled by the political instability in Malaysia.