Worst Dividend since Inception

Permodalan Nasional Berhad (PNB) has announced a 5.5 sen per unit distribution for for Amanah Saham Bumiputera (ASB) unit holders for the year ending 31 December 2019 which is the lowest since the fund's inception in 1990. In search for better returns, PNB will also diversify their foreign investments to 30% and also initiate an new strategy to improve risk management and pursue ESG investments.