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Permodalan Nasional Berhad
Permodalan Nasional Berhad (PNB) is a state-owned enterprise, state-owned Malaysian investment management company. 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 Malaysian New Economic Policy, New Economic Policy. 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. Leadership Chairpersons * Ismail Mohd Ali (1978–1996) * Ahmad Sarji Abdul Hamid (1996–2016) * Abdul Wahid Omar (2016–2018) * Zeti Akhtar Aziz (2018–2021) * Arifin Zakaria (2021–2023) * YM Raja Arshad Raja Uda (2023–present) Chief Executive Officers (CEOs) * Desa Pachi (1978–1979) * Khalid Ib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Malaysia Today
Free Malaysia Today (FMT) is an independent, bilingual news online portal with content, in both English and Bahasa Malaysia (Malay), with a focus on Malaysian current affairs, published since 2009."Archived Web Site: Free Malaysia Today" archives of the United States , retrieved 2 February 2020 It is one of 's most accessed news sites with monthly visits of 11.83 million.Lumsden, Linda J. ( |
Government-owned Companies Of Malaysia
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Malaysia
The economy of Malaysia is an Developing country, emerging and developing, List of countries by GNI (nominal) per capita, upper-middle income, highly industrialized, industrialised, mixed economy. It ranks the List of countries by GDP (nominal), 36th largest in the world in terms of nominal GDP, however, when measured by purchasing power parity, its GDP climbs to the List of countries by GDP (PPP), 30th largest. Malaysia is forecasted to have a nominal GDP of nearly half a trillion US$ by the end of 2024. The labour productivity of Malaysian workers is the 62nd highest in the world and significantly higher than China, Indonesia, Vietnam, and the Philippines. Malaysia excels above similar income group peers in terms of business competitiveness and innovation. Global Competitiveness Report 2024 ranks Malaysian economy as the 34th most competitive country economy in the world while Global Innovation Index 2024 ranks Malaysia as the 33rd most innovative nation globally. Malaysia is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permodalan Nasional Berhad
Permodalan Nasional Berhad (PNB) is a state-owned enterprise, state-owned Malaysian investment management company. 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 Malaysian New Economic Policy, New Economic Policy. 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. Leadership Chairpersons * Ismail Mohd Ali (1978–1996) * Ahmad Sarji Abdul Hamid (1996–2016) * Abdul Wahid Omar (2016–2018) * Zeti Akhtar Aziz (2018–2021) * Arifin Zakaria (2021–2023) * YM Raja Arshad Raja Uda (2023–present) Chief Executive Officers (CEOs) * Desa Pachi (1978–1979) * Khalid Ib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1978 Establishments In Malaysia
Events January * January 1 – Air India Flight 855, a Boeing 747 passenger jet, crashes off the coast of Bombay, killing 213. * January 5 – Bülent Ecevit, of Republican People's Party, CHP, forms the new government of Turkey (42nd government). * January 6 – The Holy Crown of Hungary (also known as Stephen of Hungary Crown) is returned to Hungary from the United States, where it was held since World War II. * January 10 – Pedro Joaquín Chamorro Cardenal, a critic of the Nicaraguan government, is assassinated; riots erupt against Anastasio Somoza Debayle, Somoza's government. * January 13 – Former American Vice President Hubert Humphrey, a Democrat, dies of cancer in Waverly, Minnesota, at the age of 66. * January 18 – The European Court of Human Rights finds the British government guilty of mistreating prisoners in Northern Ireland, but not guilty of torture. * January 22 – Ethiopia declares the ambassador of West Germany ''persona non grata''. * January 24 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalid Ibrahim
Abdul Khalid bin Ibrahim (; 14 December 1946 – 31 July 2022) was a Malaysian politician who served as the 14th Menteri Besar of Selangor from 2008 to 2014. He was the Member of the Selangor State Assembly (MLA) for Ijok from 2008 to 2013, and MLA for Pelabuhan Klang from 2013 to 2018. At the same time, he served as Member of Parliament (MP) for Bandar Tun Razak from 2013 to 2018. Khalid was a member of the People's Justice Party (PKR), but became an independent in August 2014, coinciding with his resignation as Menteri Besar. He was sacked from the party for his refusal to vacate his Selangor Menteri Besar post, in a political manoeuvre that was widely criticised by the public and invoked a rare rebuke from the Sultan of Selangor. During his tenure as Menteri Besar, Khalid prioritised sensible spending of the state government's coffers, initiating many projects and policies that benefitted Selangor state. As a result, he was well-liked by the people of Selangor. Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arifin Zakaria
Arifin bin Zakaria (born 1 October 1950) is a Malaysian lawyer who served as the seventh Chief Justice of Malaysia, serving from 12 September 2011, succeeding Zaki Azmi, until 31 March 2017. Education background After completing his secondary education at , Kota Bahru, he went to read law at the University of Sheffield. Upon graduation, he joined the Malaysian Judicial and Legal Service in September 1974. In 1979, he pursued the Master of Laws (LL.M.) degree at University College London (UCL) and the Bar Final Course at the Council of Legal Education. In June 1980, he was called to the English Bar, and in the same year he received his LL.M. from University College London. Career Prior to his elevation to the High Court Bench of Malaysia, he had served in various capacities in the Government of Malaysia both in the Judicial Office, as well as in the Legal Department. Among the positions held by him were Magistrate, President of the Sessions Court, Senior Assistant Registr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeti Akhtar Aziz
Ungku Zeti Akhtar binti Ungku Abdul Aziz (born 27 August 1947) was the 7th Governor of Bank Negara Malaysia, Malaysia's central bank. She served as Governor from 2000 to 2016, and was the first woman in the position and at 16 years, the longest to hold the position. Zeti was one of the members of the Council of Eminent Persons (CEP) in Mahathir's second administration, a special advisory council advising the government on economic and financial matters during this transitional period. Early life Zeti Akhtar Aziz was born in Johor Bahru, Johor on 26 August 1947; to father Ungku Aziz, who is of Malay, Circassian and English descent, and mother Sharifah Azah Mohamed Alsagoff, who was of Hadhrami Arab and Malay descent. Her father Ungku Aziz was an economist and former vice-chancellor for the University of Malaya from 1968 to 1988. He received the title "Royal Professor". She received her early education at the Assunta School, Petaling Jaya in 1964. She then completed her F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdul Wahid Omar
Abdul Wahid bin Omar (Jawi alphabet, Jawi: عبدالواحد بن عمر; born 1964) is a Malaysian people, Malaysian banker and investor who has served as Chairman of the Bursa Malaysia since May 2020 and Chairman of the National University of Malaysia (UKM), one of Malaysia top universities, since November 2018. He was the former Chairman, Group Chairman of Permodalan Nasional Berhad (PNB), a Malaysia's government-linked company, government-linked investment company and one of the country's largest fund management company from August 2016 to June 2018. Previously, he was appointed a Dewan Negara, Senator and Minister in the Prime Minister's Department in charge of Economic Planning, serving from June 2013 to June 2016. He is also known as the former President & CEO of Maybank from 2008 to 2013, Malaysia's largest public listed company and one of the leading financial services groups in Southeast Asia. His major contribution to corporate world is overseeing the turnaround of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmad Sarji Abdul Hamid
Malay styles and titles#Tun, Tun Ahmad Sarji bin Abdul Hamid (16 September 1938 – 28 August 2021) was a Malaysian civil servant who served as the 9th Chief Secretary to the Government of Malaysia, Chief Secretary to the Government from 1990 to 1996. Background and education Ahmad Sarji bin Abdul Hamid was born in Tapah, Perak on 16 September 1938. He was educated at the University of Malaya, the International Institute of Social Studies, Institute of Social Studies, The Hague and Harvard University. Chief Secretary to the Government of Malaysia (1990—1996) On 21 July 1995, Ahmad Sarji announced the restructuring of divisions within the Education Ministry to provide for six new departments - tertiary education; private education; pre-school, primary and secondary education; special education; moral and spiritual education; and technical education. Personal life He married Sagiyah Salikin in December 1962. They had five children. Death On 28 August 2021, Sarji died, aged ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
