ASNB implements single mobile number policy to all account holders

KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) has announced the implementation of a single mobile number policy to all account holders in its latest initiative to provide better protection on personal data and privacy. In a statement today, ASNB said this requirement was rolled out on Sept 25, 2021, as part of a major upgrade […]

The National Recovery Plan a step in the right direction

KUALA LUMPUR: The National Recovery Plan (NRP) is a step in the right direction in providing a clear framework of targets and approaches on relaxing the lockdowns and the reopening up of more economic sectors, said government-linked companies (GLCs). In a statement today, MyHSR Corporation Sdn Bhd (MyHSR Corp) lauded the NRP which was announced […]

ASNB declares 3.32 sen income distribution for ASN Imbang 1

KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) today declared an income distribution of 3.32 sen per unit for ASN Imbang (Mixed Asset Balance) 1, amounting to a total pay-out of RM40.57 million, for the financial year ending Nov 30, 2020. The wholly-owned unit trust company of Permodalan Nasional Bhd (PNB) said the figure represents a […]

World’s second tallest tower back on track

Merdeka 118 tower core structure reaches Level 118, 60 pct completed KUALA LUMPUR: Phase 1 and 2 of Permodalan Nasional Bhd’s (PNB) iconic Merdeka 118 precinct are expected to be ready by the second quarter (Q2) of 2022 instead of end 2021 as initially targeted, following delays caused by the movement control order in light […]

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 […]

Azmin defends PNB despite low dividend for ASB

KUALA LUMPUR: Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali today defended Permodalan Nasional Bhd (PNB), which has been criticised after announcing the lowest Amanah Saham Bumiputera (ASB) dividend payout since it was launched in 1990. Mohamed Azmin said PNB had done its best to ensure both depositors and shareholders would get their returns […]

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 […]