PERMODALAN NASIONAL BERHAD
“The Catalyst for Financial Independence”
Permodalan Nasional Berhad (PNB) is one of the mechanisms under the Government’s New Economic Policy (NEP), specifically formulated to promote national unity through equal wealth distribution. PNB was established in March 1978 with the aim of serving the Bumiputera community, in particular.
In 1979, PNB established Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary that continues to function as a vehicle to accumulate society's funds through sales of unit trusts. Its first unit trust fund, Amanah Saham Nasional (ASN), was created in 1981.
With 10 unit trusts funds, 79 billion units in circulation and 9 million account holders represented by the bumiputera and non-bumiputera communities, PNB is now one of the region’s leading investment institutions, with over RM120 billion worth of assets under its management.
After 30 years, PNB now controls over 300 unlisted and listed companies. They include Sime Darby Berhad, Malayan Banking Berhad, Chemical Company of Malaysia Berhad, UMW Holdings Berhad, Malaysian Industrial Development Finance Berhad (MIDF) and NCB Holdings Berhad, with some being among the leading companies in their respective industries, and representing the major economic and strategic sectors of the country.
Taking pride in its professional fund managers, sound corporate governance and prudent decision-making, PNB focuses on maximizing its competitive edge and embarks on a long-term integrated investment education programme in striving for a better future for the people and the nation.