ASNB declares 4.75% distribution for ASM 2 Wawasan

AMANAH Saham Nasional Bhd (ASNB) has declared a 4.75 sen per unit income distribution for Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan) for the fiscal year ending August 31, 2024. This payout totals RM1.13 billion and benefits 939,200 unitholders, offering a 4.75% return, surpassing the Maybank 12-Month Fixed Deposit benchmark of 2.71%.

ASNB

The fund’s gross income reached RM1.54 billion, with a net realised income of RM1.27 billion. Income comes from capital gains, dividends, and various investments, including equities, real estate, and private equity. Income distribution will be reinvested into unitholders’ accounts starting September 1, 2024. Transactions will be suspended from August 30-31, 2024, and resume on September 1, 2024, via myASNB portal and other channels.

Read More Business News

Table of Contents

Staff Writer

Recent Posts

Lim Guan Eng Urges BSN to Channel MSME Loans

Lim Guan Eng urges MSME loans be channelled via BSN, citing fairness and wider access…

6 minutes ago

Rafizi Warns of “Salary Trap,” Urges Radical Wage Growth for Malaysians

Rafizi warns Malaysia risks “salary trap,” calls for 5% wage growth, better public services, and…

1 day ago

Advertisers on Social Media Must Verify Identities in Fight Against Scammers

Identity verification for sponsored social media advertisements becomes mandatory as Malaysia strengthens measures against scams…

2 days ago

Aeroline Exits Kuala Lumpur After Losing Access to Key City Locations

Aeroline will cease Kuala Lumpur operations after regulatory directives limited services to licensed terminals, ending…

3 days ago

Palo Alto Networks Unveils Idira to Secure Human, Machine and AI Identities

Palo Alto Networks has launched Idira, a next-generation identity security platform designed to protect human,…

3 days ago

Rising Costs Impact Oriental Kopi Earnings

Rising expenses challenge margins despite steady business growth.

4 days ago

This website uses cookies.