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KUALA LUMPUR: The RM1.1bil investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, says Permodalan Nasional Bhd (PNB).
Permodalan Nasional Bhd (PNB) issued an eight-point statement to justify that the government's RM1.1bil capital injection into Sapura Energy Bhd is not a "bailout".
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd has pioneered the inaugural Islamic Sustainable Financing Facility for Permodalan Nasional Bhd’s (PNB) wholly-owned subsidiary, PNB Jersey Ltd, with a £210.0 million (£1=RM5.99) Islamic Green Financing Facility (Green Facility).
Construction firm Nestcon Bhd has bagged a RM37.7mil earthworks contract from a unit of Permodalan Nasional Bhd (PNB) for a development in the Kota Seri Langat township.
KUALA LUMPUR: Retailers at Battersea Power Station, Malaysia's largest investment involving public funds in Europe, saw a sales growth of 13.4 per cent in November and December 2024, compared to the same festive trading period in 2023.
SINGAPORE: Malaysia's largest asset manager, Permodalan Nasional Bhd (PNB), is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua (Perodua) to create an automotive giant worth over 10 billion ringgit ($2.15 billion), two sources said.
PETALING JAYA: Malaysia Building Society Bhd (MBSB) has completed the acquisition of Malaysian Industrial Development Finance Bhd (MIDF) from Permodalan Nasional Bhd (PNB).
KUALA LUMPUR: The Amanah Saham Malaysia (ASM) fund size will be increased by RM5 billion in line with the Unity Government’s commitment to ensure the equality of multiracial society, Permodalan Nasional Bhd (PNB) said.
THE Amanah Saham Malaysia (ASM) fund size will be increased by RM5bil in line with the unity government’s commitment to ensure the equality of multiracial society, according to Permodalan Nasional Bhd (PNB).
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) has entered into a conditional share purchase agreement with Permodalan Nasional Bhd (PNB) to acquire the entire share capital of Malaysian Industrial Development Finance Bhd (MIDF), comprising 480.35 million shares currently held by PNB worth RM1.01 billion.
PETALING JAYA: Permodalan Nasional Bhd (PNB) has a new opportunity to monetise its investment in Malaysian Industrial Development Finance Bhd (MIDF) after its plan to merge the wholly owned lender with the local arm of the world’s largest Islamic bank was dashed back in 2020.
KUALA LUMPUR: PNB Merdeka Ventures Sdn Bha (PMVSB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has successfully selected six projects for the Merdeka 118 Community Grants Programme.
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) announced that it has been granted an extension of time to Jan 5, 2023 by Bank Negara Malaysia (BNM) to conclude negotiations with Permodalan Nasional Bhd (PNB) for the possibility of 100 per cent shareholding in Malaysian Industrial Development Finance Bhd (MIDF).
SHAH ALAM: Prime Minister Datuk Seri Anwar Ibrahim on Thursday called on bumiputra companies to emulate Permodalan Nasional Berhad (PNB) and Petroliam Nasional Bhd (Petronas) in consistently upholding integrity in company management.
KUALA LUMPUR: Top fund manager Permodalan Nasional Bhd (PNB) has been engaging with Sime Darby Plantation Bhd on the steps taken by the world’s largest oil palm planter to solve its ongoing labour issues.
KUALA LUMPUR (Reuters) - Two of the top five shareholders in Serba Dinamik Holdings on Wednesday said they were concerned by developments at the Malaysian oil and gas services group, which is under investigation by the country's securities regulator.KUALA LUMPUR: Malaysian state-linked fund management company Permodalan Nasional Bhd (PNB) has expressed "deep concern" about the issues at Serba Dinamik Holdings Bhd , which is facing an investigation over unverified contracts.
IN AN effort to ensure the continued well-being of autistic and other disabled (OKU) persons, especially children, Permodalan Nasional Bhd (PNB) has been urged to create a trust fund similar to Amanah Saham Nasional (ASN) for them.
PETALING JAYA: KLCC Real Estate Investment Trust (KLCC-REIT) chief executive (CEO) Datuk Md Shah Mahmood will step down effective Nov 1, as well as from his position as executive director.
KUALA LUMPUR: KLCC Property Holdings Bhd (KLCCP) and KLCC REIT Management Sdn Bhd (KLCCRM) have appointed Datuk Sr Mohd Salem Kailany as its new chief executive officer (CEO) effective Nov 1, 2024, succeeding Datuk Md. Shah Mahmood.
