Dividend galore for PNB’s unit trust holders

Quick Summary:

It was a good year-end bonus for unit holders of Amanah Saham Nasional Bhd (ASNB), which declared its highest dividend payout since 2020 while its parent company Permodalan Nasional Bhd (PNB) has set an ambitious target of RM400bil in asset under management (AUM) by 2027.

Moving forward, he remained optimistic about the outlook for Malaysia’s economy and the local bourse next year, underpinned by supportive economic policies and steady inflows of foreign direct investments (FDIs).

On June 6 this year, it was reported that Sapura Energy was granted a nine-month extension by the High Court to the convening and restraining orders that the group obtained from the court in March 2024, allowing it to continue restructuring its debts.

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Article Details

Author / Journalist: DOREENN LEONG

Category: EconomyBusiness

Markets: Malaysia

Topics: PNBPerformance FinancialGrowth SavingsCulture MalaysiaEconomy FDIInflows ASNBDividend Corporate News AssetDiversification SapuraEnergy /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 00:00:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 874 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24649291

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About The Star

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