Azmin defends low dividend, says PNB hampered by legacy issues

Kow Gah ChiePublished: Dec 20, 2019 5:11 AM | Updated: Dec 20, 2019 8:59 AM

Azmin Ali has defended Permodalan Nasional Berhad (PNB) which drew criticism after announcing the lowest dividend for its Amanah Saham Bumiputera (ASB) trust unit since 1999.

The economic affairs minister said the current management of PNB, which inherited certain legacy issues from the previous management, had done its best given the current economic situation.

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