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Friday, October 18, 2019

Tag: PNB

Sime Darby names PNB group CEO Abdul Rahman Ahmad as new...

Current chairman Wan Abdul Aziz Wan Abdullah will retire from the board on Oct 31 due to health reasons.

PNB assets under management top RM300 bil for first time

The fund management company also announces total income distribution payout of RM189.3 billion for all its 14 funds.

Permodalan’s RM187.1 bil in dividends to unit-holders

Prime Minister Dr Mahathir Mohamad hails strong track record of the investment agency since its founding four decades ago.

PNB jangan leka tunai tanggungjawab, jaga amanah pelabur, kata PM

Tanggungjawab PNB amat berat kerana para pelabur sentiasa mengharapkan pulangan pelaburan yang baik untuk meningkatkan kualiti hidup mereka.

Avoid fraudulent practices in PNB, warns PM

He says investors are always after good returns on investment to improve their quality of life.

PNB has no plan to issue exchangeable bonds

The fund denies a Bloomberg report that it is mulling the first sale of exchangeable bonds to finance its overseas investments.

PNB weighs debut exchangeable bond sale

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.

PNB sees strong revival for stocks ahead

CEO Abdul Rahman Ahmad says this is just a transition period and that the nation's fundamentals remain strong.

PNB, EPF complete acquisition of Battersea Power Station’s commercial assets

The acquisition by the two government-linked companies costs RM8.51 billion.

PNB top stakeholder after Sapura Energy raises RM4 bil from rights...

Permodalan Nasional Berhad and its associated funds now hold 40% shareholding in Sapura Energy with Sapura Technology Sdn Bhd becoming the second largest shareholder.

Indian banks may take more than US$3 billion hit from PNB...

Banks had extended loans and guarantees worth US$2.74 billion to companies tied to billionaire jeweller Nirav Modi and his uncle Mehul Choksi.

PNB announces new board line-up

They succeed three retiring members — Ali Hamsa, Wan Abdul Aziz Wan Abdullah and Zarinah Anwar.

PNB declares 7 sen income distribution for ASB

PNB chairman Zeti Akhtar Aziz says total payout amounts to RM10.7 billion, benefitting 9.6 million unitholders.

Sime Darby, SP Setia sell Battersea to PNB, EPF

They are disposing of their stake in the power station for a base consideration of RM8.351 billion.

MIDF to merge with Al Rajhi Bank, say sources

Al Rajhi will become the 2nd foreign-backed Islamic bank to merge its Malaysian operations with a local financial institution if the deal materialises.

Sapura Energy shareholders approve RM4 bil cash call

Shareholders support proposed rights issue to raise money and green light company's growth plans at EGM.

I didn’t mean PNB, Pua says on sale of government assets

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.

Zahid: Umno bantah penjualan aset Khazanah, PNB, jejas ekuti Bumiputra

PNB merupakan agensi amanah Bumiputera dan penjualan aset agensi itu akan menjejaskan skim amanah di bawahnya.

Asset restructuring a normal procedure, says Khazanah MD

Shahril Ridza Ridzuan says it is part of the company's normal portfolio restructuring.

Jual aset Khazanah dan PNB langkah mudah, tetapi tidak bijak, kata...

Meningkatkan ekonomi negara yang akan melonjakkan hasil kerajaan adalah langkah yang patut diambil.

Najib: Guan Eng an ‘expert’ in selling off assets

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.

Khazanah, PNB akan lepaskan aset bukan-strategik, kata Tony Pua

Pua berkata kementerian akan bekerjasama dengan sektor swasta dalam menentukan bagaimana aset terbabit boleh dilepaskan dengan cara yang teratur.

Khazanah, PNB to offload non-strategic assets, says Pua

Finance ministry will work with private sector on how these assets can be disposed of, he says.

Deadline for Battersea Phase 2 deal extended to year-end

This marks the third time the deal has been extended.