Group chairman Tan Sri Abdul Wahid Omar says the restructuring exercises have helped the fund to outperform the broader stock market. Assets under management at PNB swelled to a new high of RM276.5bil in the first 11 months of this year. He was speaking to reporters at the fourth quarter briefing and announcement of PNB’s dividend payout for 2017 yesterday. PNB acquired Santos Place – a six-star Green Star, Premium A-Grade 37-storey building at 32 Turbot Street – in 2010 for A$290mil. PNB will distribute 8.25 sen a unit for ASB for the year ending Dec 31, 2017, comprising a dividend of seven sen a unit, a bonus of 0.25 sen a unit and a special bonus of one sen a unit for up to 10,000 units.

Source: The Star December 22, 2017 23:15 UTC