LATEST NEWS   ES Sunlogy Bhd’s unit secures RM107.5 million works sub-contract from China State Construction Engineering (M) Sdn Bhd | At 6 pm, the ringgit stood at 3.9515/9555 against US dollar from 3.9505/9545 on Friday last week | Japan 7.5-magnitude quake: Fukushima Daiichi, Daini nuclear plants report no abnormalities - Kyodo | Japan halts Tokyo–Aomori bullet train services after 7.5 quake - Kyodo | Japan quake magnitude revised to 7.5; tsunami observed off Iwate and Aomori in the Pacific, Kyodo reported | 
Ad Banner

PNB Welcomes Capital Market Masterplan With Up To RM6.3 Trillion Target By 2030

KUALA LUMPUR, March 9 (Bernama) -- Permodalan Nasional Bhd (PNB) welcomed the launch of the Capital Market Masterplan 2026-2030 (CMP), describing its ambitious target to grow the country’s capital market to between RM5.8 trillion and RM6.3 trillion by 2030 as “timely”.

President and Group chief executive Datuk Abdul Rahman Ahmad said the plan, which emphasises uplifting corporate performance, provides a clear roadmap for a vibrant, inclusive and sustainable capital market.

In a statement, he said PNB supports the CMP’s focus on market competitiveness, governance and investor confidence, particularly its alignment with Islamic finance and Maqasid al-Shariah principles.

Ad Banner
Ad Banner

“As a government-linked investment company (GLIC), PNB is committed to helping deliver this ambition by playing our role as catalytic stewards, driving stronger shareholder value performance by holding boards accountable, supporting quality Initial Public Offerings, and helping promising private companies enter the public market,” he explained.

Abdul Rahman said PNB looks forward to participate in supporting the development of innovative debt and global sukuk products that will help expand Malaysia’s debt market.

“As Malaysia’s largest fund management company with more than 11 million unique unitholders, PNB also lauds the continued focus under the CMP to help expand financial literacy and providing retail access to innovative products and services as part of the plan to build a more inclusive capital market for all Malaysians,” he added.

Ad Banner
Ad Banner
Ad Banner

Prime Minister Datuk Seri Anwar Ibrahim today launched the CMP 2026-2030, a strategic blueprint aimed at strengthening capital raising, rewarding business dynamism, embedding sustainability, and broadening participation across the economy.

The CMP is designed to position Malaysia’s capital market as a key driver of national growth and economic transformation over the next 20 years, accelerating growth in emerging sectors while building a more advanced, inclusive, sustainable, and regionally integrated economy.

-- BERNAMA