Central Industrial Corporation
 |
|
| Government-linked investment company | |
| Industry | Fund management |
| Founded | 17 March 1978 |
| Headquarters | Menara PNB Jalan Tun Razak Kuala Lumpur, Malaysia |
|
Key people
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Abdul Wahid Omar, Chairman Abdul Rahman Ahmad, CEO and President |
|
Number of employees
|
1,200 |
| Subsidiaries | |
| Website | www |
Permodalan Nasional Berhad (PNB) is Malaysia's biggest fund management company. The main headquarters is located at Jalan Tun Razak, Kuala Lumpur near Tabung Haji building. PNB is the parent company for Amanah Saham Nasional Berhad (ASNB) which operates a number of unit trust schemes, and is a wholly owned subsidiary of Yayasan Pelaburan Bumiputra. The company has foreign offices in Singapore, London and Tokyo.
The company was founded on 17 March 1978 based on idea from Tengku Razaleigh Hamzah, as a pivotal instrument of the Government New Economic Policy to promote share ownership among the Bumiputera (Natives; lit: Son of the Soil), and to develop opportunities for deserving Bumiputera professionals to participate in the creation and management of wealth.
Amanah Saham Nasional Berhad (ASNB) is a parent company for PNB which operates a number of unit trust schemes, and is a wholly owned subsidiary of Yayasan Pelaburan Bumiputra.
Amanah Saham Nasional (ASN) is the first and largest unit trust schemes. It was launched on 20 April 1981 by the third Malaysian Prime Minister, Tun Hussein Onn. The idea of establishing this trust scheme is by Tengku Razaleigh Hamzah.
Launched on 20 April 1981.
Launched in 1999.
Launched in 2001.
Amanah Saham Bumiputera (ASB) is the second and second largest unit trust schemes after ASN. It was launched on 2 January 1990 by the fourth Malaysian Prime Minister, Tun Dr Mahathir Mohammad. Unit trusts in Malaysia are like mutual funds in the United States. ASB is only open to Bumiputeras, which roughly means the native peoples of Malaysia and therefore excludes historical immigrant groups such as Chinese and Indians.
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Wikipedia