S P Setia to gain RM393.6m pre-tax profit in FY20, says HLIB Research
KUALA LUMPUR (Dec 18): Hong Leong Investment Bank Research is expecting S P Setia Bhd to recognise a profit before tax of RM393.
PNB and EPF buys Battersea Power Station phase 2 for RM8.35bn base consideration
PETALING JAYA (Dec 17): Battersea Phase 2 Holding Company Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd has inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station commercial assets last Friday for a base consideration of £1.
Lack of contribution from Battersea cuts S P Setia 3Q net profit by 81%
KUALA LUMPUR (Nov 14): S P Setia Bhd saw its net profit plunge by 81.
‘Any sale of government assets will not involve PNB’
KUALA LUMPUR (Oct 16): Tony Pua, the political secretary to the finance minister, said any sale of Malaysian government assets will not involve Permodalan Nasional Bhd (PNB) because funds and investments of PNB belong to the company’s unitholders and not the government.
Surprises continue as Sapura picks itself up
KUALA LUMPUR (October 1): Shareholders of Sapura Energy Bhd may have to have strong hearts to handle surprises, both positive and negative.
Battersea Phase 2 deal may see another delay
KUALA LUMPUR (September 28): The deadline to finalise the proposed £1.
Revamp for PNB’s five-year transformation plan
KUALA LUMPUR: Permodalan Nasional Bhd (PNB), the country’s largest fund management company, will revise its five-year transformation programme that ends in 2022, says Tan Sri Dr Zeti Akhtar Aziz who took over as group chairman from Tan Sri Abdul Wahid Omar on July 1.
'Possibly' another extension in Battersea Phase 2 deal, says PNB
KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) is not discounting another extension for the completion of the proposed stake acquisition in the Battersea Power Station (BPS) project in the UK.
