ASM Announced Income Distribution of 6.50 Sen Per Unit and Special Income Distribution of 0.30 Sen Per Unit 13 March 2013

Kuala Lumpur - Amanah Saham Nasional Berhad (ASNB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB) has announced today an income distribution of 6.50 sen per unit for Amanah Saham Malaysia (ASM) for the financial year ended 31 March 2013.

ASNB has also announced a special income distribution of 0.30 sen per unit as a token of appreciation to the ASM investors for their support.

The total income distribution of 6.80 sen per unit is higher compared to the 6.50 sen per unit of income distribution paid out for the financial year ended 2012.

The income distribution will involve a total payout of RM913.85 million, an increase of 11.6% compared to the RM818.62 million paid out last year.

The payment will benefit 542,809 unit holders who currently hold 13.44 billion units of ASM.
Up until 11 March 2013, ASM has recorded a gross income of RM1.07 billion. Profit from the sale of shares contributed RM505.19 million or 47.3% of the gross income.

Dividend income from investment in companies contributed RM376.75 million or 35.3% and the remaining income of RM185.09 million or 17.4% is derived from investments in short term instruments.
The calculation of the income distribution is based on the average minimum balance held throughout the financial year of ASM.

The income distribution will be reinvested in additional units and will be automatically credited into the unit holders' account on 1 April 2013 as to enable the unit holders to benefit on the return from the growh of the ASM fund units.

ASM transactions at all branches and agents nationwide will be suspended beginning 26 March to 31 March 2013 to facilitate the calculation of income distribution. Unit holders can update their ASM investment book beginning 1 April 2013 when transactions resume.

ASM is a 'Equity-Income Fund' aimed at providing unit holders with a long-term investment opportunity that generates regular and competitive returns through a diversified portfolio of investments.

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ASN 2 Income Distribution At 7.10 Sen Per Unit 27 June 2013

KUALA LUMPUR - Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 7.10 sen per unit for Amanah Saham Nasional 2 (ASN 2) for the financial year ended 30 June 2013.

This is an increase of 0.60 sen per unit compared to the dividend paid out last year (2012: 6.50 sen per unit). In fact, this is the highest payout for the past 13 years since 2001 until 2012 (2001 to 2012 : around 5.00 sen per unit to 6.50 sen per unit).

The income distribution portion will involve a total payout of RM12.61 million which will benefit 8,145 unit holders who subscribe to 178 million units. 

PNB Chairman, Tun Ahmad Sarji Abdul Hamid said, the ASN 2 performance throughout its financial year ended 30 June 2013 was generally satisfactory, despite the uncertainty of the share market and world economy due to the economic instability in the US, as well as the continuous Eurozone debt crisis.

However, the predicament was remedied by the influx of foreign funds and the implementation of the Economic Transformation Programme (ETP) by the Government. The FBM KLCI Index registered an increase of 8.86%, from 1,599.15 points recorded on 29 June 2012 to 1,740.76 points recorded on 26 June 2013.

Until 26 June 2013, ASN 2 has recorded a gross income of RM19.10 million. From the amount, profit from the sale of shares contributed RM9.69 million or 50.7%, followed by dividend income from investment in companies which contributed RM7.70 million or 40.3%, while the balance of RM1.71 million or 9.0% derived from other instruments.

The income distribution is calculated based on the units held on the last day of the ASN 2 financial year ended 30 June 2013. The income distribution payment will be re-invested into additional units and will be automatically credited into the unit holders' accounts based on the net asset value as at 30 June 2013, whilst the income distribution payment for unit holders who subscribe through the Employees Provident Fund Scheme (EPF) will be credited into their EPF accounts respectively.

Unit holders will be able to update their ASN 2 accounts beginning 1 July 2013 at any ASNB offices or ASNB agents nationwide. All transactions for ASN 2 at the ASNB headquarters, ASNB offices and agents have been suspended beginning 27 June 2013 until 30 June 2013 to facilitate the calculation of income distribution, and will resume transactions on 1 July 2013.

ASN 2 is a variable priced Equity Growth Fund. Launched in 1999, ASN 2 provides the opportunity for the unit holders to generate reasonable dividend yield as well as capital appreciation at an acceptable level of risk through a diversified portfolio of investments.

ASN 2 performance in terms of its total returns and yield can be compared to other instruments with similar features and risk levels.

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