Permodalan Nasional Berhad (PNB) is a Malaysian investment management company that manages a diverse range of assets, including private equity.
The company was established in 1978 as part of the government’s New Economic Policy to promote Bumiputera economic participation.
Today, PNB is one of the largest fund management companies in Malaysia, with assets under management of RM343.1 billion as of 30 November 2022.
PNB’s private equity investments are made in the form of either controlling stakes or a substantial minority shareholding in private companies.
The company’s investment strategy is focused on generating long-term sustainable returns for its unit holders.
PNB’s private equity portfolio includes both direct investments in private companies and indirect investments through outsourced fund management via global private equity funds.
PNB’s private equity investments are subject to rigorous due diligence processes to ensure that they meet the company’s investment criteria and risk management guidelines.
Key Takeaways
- Permodalan Nasional Berhad (PNB) is one of the largest fund management companies in Malaysia, with assets under management of RM343.1 billion as of 30 November 2022.
- PNB’s private equity investments are made in the form of either controlling stakes or a substantial minority shareholding in private companies, subject to rigorous due diligence processes.
- PNB’s investment strategy is focused on generating long-term sustainable returns for its unit holders, with a portfolio that includes both direct and indirect investments in private equity.
Investment Strategy and Asset Classes
Permodalan Nasional Berhad (PNB) is a leading investment institution in Malaysia that manages assets worth billions of dollars. PNB has a diversified portfolio of investments across different asset classes and geographies. The investment strategy of PNB is guided by a long-term fundamentals-based investment philosophy and a robust investment process that aims to generate sustainable long-term value creation.
Equity Investments
PNB’s equity investments are focused on Malaysia, but it also has investments in other countries in Southeast Asia, as well as in the United States and Europe. PNB adheres to the highest level of governance and strives to engage its investee companies and key stakeholders in generating sustainable long-term value creation. Investee companies in which PNB and the unit trust funds under its management hold a majority or significant minority stake are actively managed by PNB.
Fixed Income and Real Estate Investments
PNB invests in a variety of asset classes, including fixed income and real estate. PNB’s investments in fixed income are focused on high-quality bonds and other fixed-income securities that generate stable cash flows and have low credit risk. PNB’s real estate investments are focused on high-quality properties that generate steady rental income and have the potential for capital appreciation.
Investments in Infrastructure and Technology
PNB aims to invest in infrastructure and technology assets that have the potential to generate stable cash flows and have a positive impact on the economy and society. PNB’s investments in infrastructure include toll roads, airports, and power plants. PNB’s investments in technology include companies that are involved in software development, e-commerce, and digital payments.
Fund Management and Governance
PNB’s fund management approach is guided by a strategic asset allocation framework that aims to achieve better diversification of risk from its portfolio of investments across different asset classes. PNB has a world-class mandate to manage the wealth of Malaysians and the prosperity of the nation. PNB is committed to transparency and good governance, and it strives to engage with its stakeholders in a responsible and proactive manner.
Role in the New Economic Policy
PNB plays an important role in the New Economic Policy (NEP) of Malaysia, which aims to promote the economic development of the bumiputera community and reduce the wealth gap between bumiputeras and non-bumiputeras. PNB was established in 1978 as part of the NEP, and it has since played a key role in promoting the prosperity of Malaysians.
Subsidiaries and Unit Trust Funds
PNB has several subsidiaries, including Amanah Saham Nasional Berhad (ASNB), which is a unit trust company that manages several unit trust funds. ASNB’s unit trust funds are aimed at providing Malaysians with access to a diversified portfolio of investments across different asset classes and geographies.
Location and Contact Details
PNB is headquartered in Kuala Lumpur, Malaysia, and its main office is located in Menara PNB on Jalan Tun Razak. PNB’s address is:
Permodalan Nasional Berhad (PNB) Menara PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur Malaysia
Tel: +603-2050 5000 Fax: +603-2050 3000
In conclusion, PNB’s investment strategy is guided by a long-term fundamentals-based investment philosophy and a robust investment process that aims to generate sustainable long-term value creation. PNB has a diversified portfolio of investments across different asset classes and geographies, and it is committed to transparency and good governance. PNB plays an important role in promoting the prosperity of Malaysians and the bumiputera community, and it is a world-class investment institution that manages the wealth of Malaysians and the prosperity of the nation.
Frequently Asked Questions
Who owns Permodalan Nasional Berhad?
Permodalan Nasional Berhad (PNB) is a Malaysian government-owned investment holding company. It was established in 1978 as one of the instruments of the government’s New Economic Policy (NEP). PNB’s mission is to enhance the economic wealth of the Bumiputera community and all Malaysians, for the prosperity of the nation.
What is the latest annual report of Permodalan Nasional Berhad?
The latest annual report of Permodalan Nasional Berhad (PNB) is for the financial year ended 30 June 2022. The report provides an overview of PNB’s financial performance, investment strategy, and portfolio holdings. The report is available on PNB’s official website.
What is the current share price of Permodalan Nasional Berhad?
As of the current date, there is no information available on the current share price of Permodalan Nasional Berhad (PNB). However, interested parties can check the latest share price information on the official website of Bursa Malaysia, the Malaysian stock exchange.
What are the top companies in the PNB investment portfolio?
Permodalan Nasional Berhad (PNB) has a diversified investment portfolio that covers strategic investments in Malaysia’s leading corporates, global equities, private investments, real estate, and fixed income. Some of the top companies in the PNB investment portfolio include Malayan Banking Berhad, Tenaga Nasional Berhad, CIMB Group Holdings Berhad, and Axiata Group Berhad.
What is the size of Permodalan Nasional Berhad’s AUM?
As of 30 November 2022, Permodalan Nasional Berhad (PNB) had assets under management (AUM) of RM343.1 billion. PNB’s AUM comprises investments in various asset classes, including equities, fixed income, and real estate.
Where can I find the staff directory for Permodalan Nasional Berhad?
As of the current date, there is no information available on the staff directory for Permodalan Nasional Berhad (PNB). However, interested parties can contact PNB’s official website for any inquiries or information related to the company.
It invests in a variety of asset classes, including equities, fixed income, and real estate.
PNB’s investments are focused on Malaysia, but it also has investments in other countries in Southeast Asia, as well as in the United States and Europe.
PNB is the largest shareholder in a number of Malaysian companies, including IHH Healthcare Berhad, Genting Malaysia Berhad, and AirAsia Group Bhd.
Private equity firms in Malaysia
PNB also has a number of subsidiaries, including Amanah Saham Nasional Berhad (ASNB), the largest unit trust company in Malaysia.
PNB is a major contributor to the Malaysian economy. It provides jobs, creates wealth, and helps to promote economic growth.
