Notwithstanding the challenging market environment, Permodalan Nasional Berhad (PNB) has been able to report a positive financial performance for the period ended 31 August.<\/p>\n
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.<\/p>\n
\u201cPNB 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.<\/p>\n
\u201cAs we advance forward, we will need to venture into other areas to unlock value and explore new opportunities to drive our growth.<\/p>\n
\u201cThis has to be done in the spirit of transparency and full disclosure while maintaining best practices and without compromising on good governance,\u201d said Tan Seri Dr. Zeti Aziz.<\/p>\n
At the same time, PNB announced the income distribution of Amanah Saham 1Malaysia (AS1M) (renamed as Amanah Saham Malaysia 3 effective 15 October).<\/p>\n
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.<\/p>\n
The calculation of income distribution for AS1M is based on the average monthly minimum balance held throughout its final year.<\/p>\n
The income distribution payment of AS1M will automatically be re-invested into additional units and credited into unit holders\u2019 accounts on 1 October.<\/p>\n","protected":false},"excerpt":{"rendered":"
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. \u201cPNB […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-2142","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=2142"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2142\/revisions"}],"predecessor-version":[{"id":6041,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2142\/revisions\/6041"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=2142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=2142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=2142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}