Permodalan Nasional Berhad

Permodalan Nasional Berhad (PNB) is a state-owned Malaysian investment management company.^[1] 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.^[2][3]

Company typeGovernment-owned investment company

IndustryInvestment

Founded17 March 1978; 47 years ago (1978-03-17)

HeadquartersLevel 91, Menara Merdeka 118, Presint Merdeka 118, 50118 Kuala Lumpur, Malaysia

Quick facts Company type, Industry ...

Permodalan Nasional Berhad (PNB)

Company type	Government-owned investment company
Industry	Investment
Founded	17 March 1978; 47 years ago (1978-03-17)
Headquarters	Level 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	RM 16.42 billion (2023) RM 14.53 billion (2022)
Net income	RM 13.04 billion (2023) RM 10.38 billion (2022)
Total assets	RM 337 billion (2023) RM 341.61 billion (2022)
Number of employees	1,500
Subsidiaries	Sime Darby S P Setia UMW Holdings Malaysian Re PROLINTAS Malaysian Industrial Development Finance (MIDF)
Website	pnb.com.my

Close

PNB's two notable projects are located in Kuala Lumpur. They are the megatall skyscraper Merdeka 118 on Jalan Hang Jebat, and the 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.^[4][5][6]