'The decision not to accept the offer under the VTO was made by PNB’s Board Investment Committee (BIC) after a careful, rigorous and independent evaluation undertaken in full accordance with PNB’s investment process and governance framework,' PNB said today
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil