Wahid Omar resigns from PNB

PETALING JAYA (June 29): Tan Sri Abdul Wahid Omar has resigned from his position as Permodalan Nasional Bhd (PNB) group chairman, reported The Star.

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MBSB still has RM1b conventional assets to be converted

KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.

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