Current chairman Wan Abdul Aziz Wan Abdullah will retire from the board on Oct 31 due to health reasons.
The fund management company also announces total income distribution payout of RM189.3 billion for all its 14 funds.
Prime Minister Dr Mahathir Mohamad hails strong track record of the investment agency since its founding four decades ago.
Tanggungjawab PNB amat berat kerana para pelabur sentiasa mengharapkan pulangan pelaburan yang baik untuk meningkatkan kualiti hidup mereka.
He says investors are always after good returns on investment to improve their quality of life.
The fund denies a Bloomberg report that it is mulling the first sale of exchangeable bonds to finance its overseas investments.
The country’s biggest state-owned fund manager is exploring all options including an offering of exchangeable bonds, or notes backed by shares in a listed company.
CEO Abdul Rahman Ahmad says this is just a transition period and that the nation's fundamentals remain strong.
The acquisition by the two government-linked companies costs RM8.51 billion.
Permodalan Nasional Berhad and its associated funds now hold 40% shareholding in Sapura Energy with Sapura Technology Sdn Bhd becoming the second largest shareholder.
Banks had extended loans and guarantees worth US$2.74 billion to companies tied to billionaire jeweller Nirav Modi and his uncle Mehul Choksi.
They succeed three retiring members — Ali Hamsa, Wan Abdul Aziz Wan Abdullah and Zarinah Anwar.
PNB chairman Zeti Akhtar Aziz says total payout amounts to RM10.7 billion, benefitting 9.6 million unitholders.
They are disposing of their stake in the power station for a base consideration of RM8.351 billion.
Al Rajhi will become the 2nd foreign-backed Islamic bank to merge its Malaysian operations with a local financial institution if the deal materialises.
Shareholders support proposed rights issue to raise money and green light company's growth plans at EGM.
The finance minister's political secretary apologises for the confusion, acknowledging that funds and investments by PNB belong to the unit holders, not the government.
PNB merupakan agensi amanah Bumiputera dan penjualan aset agensi itu akan menjejaskan skim amanah di bawahnya.
Shahril Ridza Ridzuan says it is part of the company's normal portfolio restructuring.
Meningkatkan ekonomi negara yang akan melonjakkan hasil kerajaan adalah langkah yang patut diambil.
The former prime minister says he is worried that the government's plan to sell off its assets isn't to reduce debts but to plug the revenue gap.
Pua berkata kementerian akan bekerjasama dengan sektor swasta dalam menentukan bagaimana aset terbabit boleh dilepaskan dengan cara yang teratur.
Finance ministry will work with private sector on how these assets can be disposed of, he says.
This marks the third time the deal has been extended.