Notwithstanding the challenging market environment, Permodalan Nasional Berhad (PNB) has been able to report a positive financial performance for the period ended 31 August.
Total assets under management is up by 7.3 per cent year-on-year to RM288.1 billion while the pro forma consolidated net income increased by 2.6 per cent year-on-year to RM10.3 billion.
“PNB has achieved an encouraging performance especially given the challenging global and domestic market environment but PNB has continued to remain resilient in the management of our investment portfolio.
“As we advance forward, we will need to venture into other areas to unlock value and explore new opportunities to drive our growth.
“This has to be done in the spirit of transparency and full disclosure while maintaining best practices and without compromising on good governance,” said Tan Seri Dr. Zeti Aziz.
At the same time, PNB announced the income distribution of Amanah Saham 1Malaysia (AS1M) (renamed as Amanah Saham Malaysia 3 effective 15 October).
AS1M account holders will receive income distribution of 6.00 sen per unit, amounting to a total payout of RM755 million which will benefit more than 440,000 account holders who currently own 12.7 billion units, AS1M recorded a net income of RM671.6 million.
The calculation of income distribution for AS1M is based on the average monthly minimum balance held throughout its final year.
The income distribution payment of AS1M will automatically be re-invested into additional units and credited into unit holders’ accounts on 1 October.