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Saturday, July 11, 2009

Over 6 Bln Units Available For Purchase


Over six billion units from various funds under Permodalan Nasional Bhd (PNB)'s Amanah Saham are still available for purchase by Bumiputeras and non-Bumiputeras.

PNB president/group chief executive, Tan Sri Hamad Kama Piah Che Othman, said among the funds available for Bumiputera investors included Amanah Saham Wawasan (1.7 billion), Amanah Saham Didik (1.6 billion), Amanah Saham Nasional (921 million), Amanah Saham Nasional 2 (2.2 billion) and Amanah Saham Malaysia (3.3 billion).

"Non-Bumiputera investors still have opportunity to invest in Amanah Saham Nasional 3 and Amanah Saham Gemilang, a variable-priced unit trust funds," he told a media briefing after the launch of Buku Sajak 30 Tahun PNB by its chairman, Tun Ahmad Sarji, here Friday.

According to Hamad Kama Piah, 3.3 billion units of Amanah Saham Malaysia for Bumiputeras might also be opened to all investors.

Meanwhile, he said, PNB planned to launch new products from time to time in order to encourage Malaysians to invest.

On when PNB would launch a new fund, he said: "We will announce as soon as possible."

A report in Berita Harian today said PNB was expected to launch another fixed-priced unit trust fund with an estimated size of RM3 billion soon.

Hamad Kama Piah said the establishment of Ekuiti Nasional Bhd (Ekuinas) would not overlap PNB's function but would complement one another.

"PNB will continue to look for opportunities that will provide better returns. We are focusing on managing unit trusts.

"We need investment either in listed or unlisted companies," he said.

He said Ekuinas could also invest in the same company that PNB invested as long as it benefited both parties.

Recently, the government announced the establishment of Ekuinas, a private equity fund with a paid-up capital of RM500 million.

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