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Business

Permodalan Nasional yet to find suitable suitors for asset sale

KANGAR: Permodalan Nasional Bhd (PNB) has yet to find the right suitors for the proposed divestment of four non-core assets over the next three months, said president/group chief executive Tan Sri Hamad Kama Piah Che Othman.

Business

Permodalan Nasional buys more SP Setia shares

KUALA LUMPUR: Permodalan Nasional Bhd has acquired 9,139,800 SP Setia shares in the open market for RM3.88 a share.

Business

Permodalan Nasional sells key London property

KUALA LUMPUR: Government-linked asset manager Permodalan Nasional Bhd (PNB) has sold one of its key London properties, a commercial building called 90 High Holborn, for an undisclosed sum, driven in part by an impending rise in capital gains tax in Britain.

Business

Zeti apppointed PNB group chairman, takes over from Wahid

KUALA LUMPUR: Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz will be appointed group chairman of Permodalan Nasional Bhd (PNB) with effect from July 1.

Business

PNB, Maybank launch digital service for ASNB customers

KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) customers can top up their investments via digital channels following a tie-up between Permodalan Nasional Bhd (PNB) and Malayan Banking Bhd.

Business

PNB optimistic about 2017

KUALA LUMPUR: Permodalan Nasional Bhd (PNB), the largest fund-management company in the country, is cautiously optimistic about its outlook for the stock market next year amid external headwinds.

Business

Short Position

QUITE a bit has happened in the stable of companies under Permodalan Nasional Bhd (PNB) since Tan Sri Abdul Wahid Omar took over on Aug 1 last year, the latest being the series of exercises involving UMW Holdings Bhd and its listed subsidiary UMW Oil and Gas Corp Bhd (UMW-OG), both PNB-related companies, and Ekuiti Nasional Bhd (Ekuinas) and its controlling stake in Icon Offshore Bhd as well as the sale of Orkim Sdn Bhd, which is owned by Ekuinas.

Business

Maybank wins top ASNB awards

PETALING JAYA: Malayan Banking Bhd emerged as the overall winner in the ASNB Starz Awards Nite 2017, an event held by government-linked asset manager Permodalan Nasional Bhd (PNB) to honour Malaysian individuals and organisations for their work in growing the unit trust industry.

Business

Wahid: PNB committed to declare competitive payout

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is committed to declare competitive dividend payout on its investment products this year in line with the corporate sector’s positive forecast.