Zul comes into PNB at a tough time

TheStar Sat, Jul 04, 2020 09:00am - 3 years View Original


PNB EPF icome distribution

PERMODALAN Nasional Bhd (PNB) has assets under management of RM312bil. The money put into SAPURA ENERGY BHD’s fund raising exercise in late 2018 makes up less than 1% of the assets under management.

But it makes up for 90% of the bad publicity that the national investment fund receives in recent weeks

PNB’s decision to put more money into Sapura Energy was made during the tenure of Tan Sri Abdul Wahid Omar and Datuk Abdul Rahman Ahmad. At that time, PNB was also a major shareholder in UMW Oil and Gas Bhd, now known as Velesto Energy Bhd.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.450
DPHARMA 1.220
MAYBANK 9.690
MNRB 1.790
SAPRES 0.330
SIME 2.630
SPSETIA 1.450
UMW 4.970
VELESTO 0.295

Comments

Login to comment.