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BCorp exec chairman Vincent Tan resigns today

KUALA LUMPUR: Berjaya Corporation Bhd (BCorp) executive chairman Tan Sri Vincent Tan Chee Yioun will be resigning from his post effective today, and will remain on the board of directors as non-executive chairman. The resignation is in line with Tan’s vision to transform the BCorp Group into an institutionalised corporation, managed by professionals, the group […]

Work-from-home is now a permanent option

KUALA LUMPUR: Work-from-home (WFH) is now a permanent option, not just the movement control order (MCO) arrangement, said Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Jalil Rasheed.  In his tweets on May 7, 2020, Jalil said as the largest state-owned fund has WFH as a permanent option, most meetings would be a hybrid […]

PNB declares 5.5 sen income distribution for ASB

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has announced an income distribution of 5.00 sen a unit and a bonus of 0.50 sen for Amanah Saham Bumiputera (ASB) for 2019, despite a 7.2 per cent contraction in Bursa Malaysia’s FBM KLCI year-to-date. Chairman Tan Sri Zeti Akhtar Aziz said this will involve a total pay-out of RM9 […]