PNB chief executive officer Datuk Abdul Rahman Ahmad said there is 'significant upside' potential when foreigner investors are lured back by the nation’s strong fundamentals. — Picture by Firdaus Latif
In a Bloomberg report today, PNB chief executive officer Datuk Abdul Rahman Ahmad said there is “significant upside” potential when foreigner investors are lured back by the nation’s strong fundamentals.“We are going through a period of transition. Fundamentally, we remain strong and the government will pursue policies that are positive for the market. Once the market understands that, flows will come back.
It is the only market to drop among major Asian gauges this year, trading at the lowest level in nine months relative to the Morgan Stanley Capital International Emerging Markets Index. The economy is projected to grow at 4.9 per cent this year from 4.7 per cent in 2018, while the ringgit has gained 1.4 per cent so far this year.
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PNB, EPF complete acquisition of Battersea Power Station’s commercial assets | Malay MailKUALA LUMPUR, March 14 — Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) have finalised their acquisition of the Battersea Power Station’s commercial assets from sellers S P Setia Bhd and Sime Darby Property Bhd following the completion of the ownership reorganisation. In a...
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