Permodalan BSN Berhad (PBSNB), is a body incorporated on 13 October 1994 under the Companies Act, 1965 and a wholly owned subsidiary of Bank Simpanan Nasional (“BSN”). PBSNB commenced its operation on 2 January 1995. The authorised capital of PBSNB is RM40,000,000 comprising 40,000,000 ordinary shares of RM1.00 each of which 5,000,000 has been issued and fully paid-up.

PBSNB has more than twenty (20) years experience in managing unit trust funds. . Currently, PBSNB manages six (6) unit trust funds, one (1) wholesale fund and one (1) private mandate.

The total value of funds operated by PBSNB as follows :

As at 31 December 2018, PBSNB has total staff strength of 20 employees consisting of 16 executives and 4 non-executives.

As at 31 December 2018, the shareholders’ funds of the Manager amounted to RM14,821,067.

Financial Highlights

The following is a summary of the financial position of the Manager based on audited financial statements for the last 3 years.