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PNB invests RM4.9b in foreign properties

KUALA LUMPUR (Mar 23): Permodalan Nasional Bhd (PNB) has spent RM4.9 billion to buy properties in Australia and London, said president and chief executive Tan Sri Hamad Kama Piah Che Othman.

The fund management company owns Santos Place in Brisbane, Australia, and three office buildings — Milton and Shire House, One Exchange Square and 90 High Holborn — in London.

He said PNB is in talks to buy another building in London. These are expected to be completed by the end of the month. — Bernama

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