Amanah Saham Nasional 2 (ASN 2) income distribution of 6.90 sen per unit for the financial year ended 30 June 2014

KUALA LUMPUR - Amanah Saham Nasional Berhad (ASNB), a wholly - owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 6.90 sen per unit for Amanah Saham Nasional 2 (ASN 2) for the financial year ended 30 June 201 4 .

PNB Chairman, Tun Ahmad Sarji Abdul Hamid said , t he income distribution portion will involve a total payout of RM 18.77 million , an increase of 48.9 % compared to the RM 12.61 m illion paid out last year. T he payment will benefit 9,822 unit holders which currentl y hold a total of 272.04 m illion units of A SN 2. Until 24 June 2014 , ASN 2 has recorded a gross income of RM 22.06 million. From the amount, profit from the sale of shares contributed RM 13.50 million or 61.2% of the gross income.

Meanwhile, dividend income from investment in companies contributed RM 7.36 million or 33.4%, w hile the remaining of RM 1.20 million or 5.4 % were derived from other instruments. The income distribution is calculated based on the units held on the last day of the ASN 2 financi al year ended 30 June 201 4 .

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 201 4 , 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 2014 at any ASNB offices or ASNB agents nat ionwide. All transactions for ASN 2 at the ASNB headquarters, ASNB offices and agents have been suspended beginning 25 June 2014 until 30 June 201 4 to facilitate the calculation of income distribution, and will resume transactions on 1 July 201 4 .

ASN 2 is a variable priced Equity Growth Fund. Launched in 1999, ASN 2 provides the opportunity for unit holders to generate reasonable dividend yield as well as capital appreciation at an acceptable level of risk through a diversified portfolio of investm ents. ASN 2 performance in terms of its total returns and yield can be compared to other instruments with similar features and risk levels.