Permodalan Nasional Berhad

Permodalan Nasional Berhad (PNB)
Company typeGovernment-owned investment company
IndustryInvestment
FoundedMarch 17, 1978; 46 years ago (1978-03-17)
HeadquartersLevel 91, Menara Merdeka 118 , Presint Merdeka 118 , 50118 Kuala Lumpur, Malaysia
Key people
  • YM Raja Arshad Raja Uda (Chairman)
  • Ahmad Zulqarnain Onn (President & Group Chief Executive (PGCE))
Revenue
  • Increase RM 16.42 billion (2023)
  • RM 14.53 billion (2022)
  • Increase RM 13.04 billion (2023)
  • RM 10.38 billion (2022)
Total assets
  • Decrease RM 337 billion (2023)
  • RM 341.61 billion (2022)
Number of employees
1,500
Subsidiaries
Websitewww.pnb.com.my/index_EN.php

Permodalan Nasional Berhad (PNB) is a Malaysian investment management company headquartered at the Merdeka 118 in Jalan Tun Razak, Kuala Lumpur. One of the largest fund management companies in Malaysia, it was established on 17 March 1978 as one of the instruments of the government's New Economic Policy.[1][2]

PNB's two notable projects is located in Kuala Lumpur. It is the Merdeka 118 on Jalan Hang Jebat and PNB 1194 Hotel (formerly MAS Building) on Jalan Sultan Ismail.

In June 2023, PNB announced that it planned to move its corporate headquarters from PNB Tower, Jalan Tun Razak where it had operated since 1985 to Merdeka 118 by the year-end.[3][4][5]

  1. ^ Four decades on, PNB now Malaysia's biggest fund manager. Retrieved 22 March 2021.
  2. ^ Malaysia's biggest fund manager changes CEO in latest reshuffle at a state-linked firm. Retrieved 22 March 2021.
  3. ^ "PNB akan berpindah ke Menara Merdeka 118 pada suku keempat 2023" (in Malay). Astro Awani. 27 June 2023. Retrieved 21 July 2023.
  4. ^ "PNB to move into Merdeka 118 tower by year-end". Free Malaysia Today. 26 June 2023. Retrieved 21 July 2023.
  5. ^ "PNB will relocate to Menara Merdeka 118 in 4Q23". The Star Online. 26 June 2023. Retrieved 21 July 2023.