Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Malaysian state-owned fund manager PNB in demerger mode for 2017
At an annual review of the fund's 2016 performance on Monday, PNB group chairman Abdul Wahid Omar talked about creating "simpler focused structures, streamlined pure plays which could lead to better shareholder value".
PHOTO: BLOOMBERG
Kuala Lumpur
IN a bid to extract greater shareholder value out of its portfolio companies, Malaysia's biggest state-owned fund manager Permodalan Nasional Bhd (PNB) has indicated that it would focus more this year on demerging units or hiving off assets of underperforming companies,...
Please log in to continue reading.
