Recommend Us | About Us | Back to Bernama.com

News | Financial Calculator | Home Financing

 

  Welcome to Bernama Banking & Finance Special Page     
 
ASN Declares Income Distribution Of 8.0 Sen

KUALA LUMPUR, Dec 18 (Bernama) -- Amanah Saham Nasional Bhd (ASN), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has announced an income distribution of 8.00 sen per unit and a bonus of 1.00 sen per unit for Skim Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2007.

"The payment will benefit 6.35 million unit holders which currently hold 55.22 billion units of ASB," PNB chairman, Tan Sri Ahmad Sarji Abdul Hamid, told reporters after announcing the income distribution and bonus here today.

Last year, the income distribution was 7.30 sen and bonus 1.25 sen.

Ahmad Sarji said up to Dec 13 this year, ASB has recorded a gross income of RM5.130 billion, an increase of RM1.159 billion, or 29.19 percent, compared with RM3.971 billion recorded in the previous corresponding period.

"The dividend income from investing companies contributed RM2.811 billion, or 54.80 percent, of the gross income.

"Profit from the sale of shares contributed RM2.005 billion, or 39.08 percent, and the rest of the income of RM314 million, or 6.12 percent, was derived from investments in short-term instruments," he said.

He said the calculation of the income distribution was based on the average monthly minimum balance held throughout the financial year of ASB ending Dec 21 this year.

The calculation of the bonus, he said, was based on the average monthly minimum balance held by the unit holders in the past 10 years, starting from 1998 up to 2007.

"The income distribution and bonus will be automatically credited into the respective unit holders' accounts," he said.

-- BERNAMA

 <Back>

Malaysia Needs Vibrant Stock Market For Islamic Finance Growth
Bank Muamalat Willing To Help Bankrupt Parking Attendant

 
CIMB Principal Launches Islamic Global Commodities Equity Fund

 

EON Bank Expects 90 Per Cent Growth In Bancassurance Business This Year
Prudential Eyes Increase In Number Of Agents

 
Takaful Industry To See Steady Growth

CLOSING, TUESDAY, FEB 9
US 3.4340/4390
S'pore 2.4154/4241
100 Yen 3.8339/8407
Sterling 5.3526/3624
Euro 4.7090/7169
Source: Bank Negara Malaysia

In your opinion, the 2010 budget will mostly benefit
 

 
  Main | News | Insurance

 Copyright © 2010 BERNAMA. All rights reserved. Disclaimer.