PNB Declares 6.70 Sen Dividend For AS1M

KUALA LUMPUR, Sept 18 (Bernama) -- Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), on Wednesday announced an income distribution of 6.70 sen per unit for Amanah Saham 1Malaysia (AS1M) for the financial year ending Sept 30, 2013.

The income distribution, its fourth, is 0.10 sen higher than the 6.60 sen per unit announced last year.

PNB Chairman Tun Ahmad Sarji Abdul Hamid said the income distribution will involve a payout of RM593.06 million, up 30.9 per cent over last year's RM453.03 million.

"The payout is expected to benefit 365,355 unitholders who have subscribed for 9.28 billion units of AS1M," he said when announcing the income distribution.

Also present was PNB President and Group Chief Executive Tan Sri Hamad Kama Piah.

Ahmad Sarji said as of Sept 16, AS1M has recorded a gross income of RM723.93 million, with profits from sale of shares accounting for RM405.99 million or 56.1 per cent while RM128.15 million or 17.7 per cent was derived from investments in short-term instruments and other income.

"Dividend income from investment in companies contributed RM189.79 million or 26.2 per cent to gross income," he said.

The dividend will automatically be credited into unitholders' accounts on Oct 1 based on the average monthly minimum balance held, he added.

Ahmad Sarji said to facilitate the income distribution, all AS1M transactions at ASNB offices and agents will close on Sept 24-30 and unitholders may update their AS1M investment books at ASNB offices or agents nationwide from Oct 1 when the transactions reopen.

AS1M is a 10 billion fixed price unit trust fund with a 50 per cent quota for Bumiputeras, 30 per cent for Chinese, 15 per cent for Indians and the rest for other Malaysians.

Read more?

Amanah Saham Wawasan 2020 (ASW 2020), income distribution of 6.70 sen per unit for the financial year ended 26 August 2013

KUALA LUMPUR - Amanah Saham Nasional Berhad (ASNB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB), today announced an income distribution of 6.70 sen per unit for Amanah Saham Wawasan 2020 (ASW 2020) for the financial year ended 31 August 2013.

This is an increase of 0.10 sen per unit compared with the income distribution announced last year.

This distribution rate is the highest recorded in the period of five years (2012 : 6.60 sen per unit; 2011 : 6.50 sen per unit; 2010: 6.35 sen per unit and 2009: 6.30 sen per unit).

The income distribution will involve a total payment of RM1.062 billion, an increase of 9.2% compared with the previous year's total payment of RM973.16 million.

It will benefit 899,967 unit holders which currently hold 15.8 billion units of ASW 2020.

Up until 25 August 2013, ASW 2020 has recorded a gross income of RM1.280 billion. Profit from the sale of shares contributed RM624.46 million or 48.8% of the gross income. Dividend income from investee companies contributed RM421.18 million or 32.9% while investment in short term instruments and other income contributed RM234.05 million or 18.3% of the gross income.

The calculation of income distribution will be based on the average monthly minimum balance held throughout the financial year of ASW 2020.

The income distribution will be reinvested and credited into the unit holders' accounts on 1 September 2013. All transactions for ASW 2020 has been suspended beginning 25 August 2013 to 1 September 2013 to facilitate the calculation of income distribution.

Unit holders will be able to update their accounts at ASNB head office, ASNB branch offices or ASNB agents beginning 2 September 2013.

Investors who participated in ASW 2020 through the Employees Provident Fund (EPF) Members' Investment Scheme will have their income distribution credited directly into their respective EPF accounts.
ASW 2020 unit holders will receive their income distribution statement together with the fund's annual report beginning mid October 2013.

ASW 2020 is an all-Malaysian fixed price equity fund in which 51% of its size is open for Bumiputera investors while 49% is open for non-Bumiputera investors aged 6 months and above.

Read more?

Amanah Saham Nasional 2 ( ASN 2), income distribution of 6.50 sen per unit for the financial year ended 30 June 2012.

KUALA LUMPUR - Amanah Saham Nasional Berhad (ASNB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 6.50 sen per unit for Amanah Saham Nasional 2 ( ASN 2) for the financial year ended 30 June 2012.

This is an increase of 1.00 sen per unit compared to the income distribution of 5.50 sen per unit announced the previous year.

PNB Chairman, Tun Ahmad Sarji Abdul Hamid said the income distribution will involve a total payment of RM11.9 million and would benefit a total of 8,483 unit holders who collectively owned 183 million units of ASN 2.

According to him, overall the fund performed well throughout the financial year ended 30 June 2012 although the performance of the bourse and the world's economy is uncertain due to prolong Europe debt crisis. The FBM KLCI index increased by 1.52 percent from 1,579.07 points recorded on 30 June 2011 to 1,603.07 points recorded on 22 June 2012.

Up until 22 June 2012, ASN 2 has recorded a gross income of RM15.08 million. Dividend income from investee companies contributed RM10.07 million or 66.8 percent of gross income while profit from the sale of shares contributed RM3.25 million or 21.5 percent. The remaining income of RM1.76 million or 11.7 percent is derived from other investments.

All transactions for ASN 2 at the ASNB offices and agents have been suspended from 22 June 2012 to 1 July 2012 to facilitate the calculation of income distribution.

ASN 2 unit holders can update their ASN 2 investment pass book at ASNB offices and agents nationwide beginning 2 July 2012.

The income distribution of ASN 2 will be calculated based on the unit holdings on 30 June 2012 which is the last day of the financial year of the fund. It will be re-invested into additional units of ASN 2 which will be automatically credited into the unit holders' accounts, based on the NAV on 30 June 2012.

For the unitholders who subscribed to the ASN 2 through the Employees Provident Fund (EPF) Members' Investment Scheme, the income distribution will be credited directly into their respective EPF accounts.

The income distribution statement and fund's annual report will be sent to unit holders beginning end of August 2012.

ASN 2 is a variable-priced growth fund with the objective of generating reasonable level of distribution income and capital appreciation at a reasonable risk level to the unit holders through a diversified portfolio of investments. It is opened to Malaysian Bumiputera investors aged 18 years and above. It is also listed in the Employees Provident Fund Members' Investment Scheme.

At the same function, the President & Group Chief Executive of PNB, Tan Sri Dato' Sri Hamad Kama Piah Che Othman also announced the amendment made to the ASB Akaun Remaja features and the launch of the Labur On-Line Campaign.

Beginning 1 July 2012, the maximum investment limit for ASB Akaun Remaja will be increased from 10,000 units to 50,000 units. According to Tan Sri Dato' Sri Hamad Kama Piah, this step is taken to encourage parents to develop a financial plan for their children. Before this, in October 2011, ASNB has amended the eligible age for ASB investors from 12 years old to 6 months old.

Labur On-Line Campaign is opened to ASB account holders utilising the internet banking facility through Maybank2u, CIMBClicks, AffinOnline and RHBNow. This campaign offers 165 units of the latest iPad for the lucky investors investing a minimum of RM2,000 per transaction. The Labur On-Line Campaign will be held for 3 months beginning 1 July to 30 September 2012.

Read more?

Amanah Saham Didik (ASD), income distribution of 6.60 sen per unit for the financial year ended 30 June 2012

KUALA LUMPUR: - Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB) has announced an income distribution of 6.60 sen per unit for Amanah Saham Didik (ASD) for the financial year ended 30 June 2012, higher than the 6.50 sen per unit paid out in the previous corresponding period.

PNB Chairman, Tun Ahmad Sarji Abdul Hamid said the income distribution will involve a total payment of RM279.31 million, an increase of 9.9 percent compared with the total distribution of RM254.1 million last year.

Up until 18 June 2012, ASD has recorded a gross income of RM354.26 million. Dividend income from investee companies contributed RM228.58 million or 65.4 percent to the total income.

Profit from the sale of shares contributed RM76.03 million or 21.5 percent. The remaining income of RM49.65 million or 14 percent is derived from investments in short term instruments and other income.

The income distribution will benefit a total of 358,222 unit holders who collectively owned 4.2 billion units of the ASD.

The calculation of the income distribution is based on the average monthly minimum balance held throughout the financial year of ASD.

All transactions for ASD at the ASNB offices and agents will be suspended from 22 June 2012 to 1 July 2012 to facilitate the calculation of income distribution. Unit holders will be able to update their accounts at ASNB offices and agents nationwide beginning 2 July 2012 when transactions resume.

The income distribution of ASD will be automatically re-invested in the form of units and credited into the unit holders' accounts on 2 July 2012. For the unit holders who subscribed to the ASD through the Employees Provident Fund (EPF) Members' Investment Scheme, the income distribution will be credited directly into their respective EPF accounts.

The income distribution statement and fund's annual report will be sent to unit holders beginning middle of August 2012.

ASD is a fixed price equity growth fund aimed at providing investment opportunity which can generate long term growth and competitive returns to the unit holders.

ASD is suitable for investors who are building a financial plan to provide future financial needs for education expenses for themselves or those of their families.

Read more?

EPF declares 6% Dividen

PETALING JAYA: The Employees Provident Fund (EPF) Board has declared a dividend of 6% for 2011 the highest in the last 10 years.

In a statement yesterday, EPF said the dividend, an increase of 20 basis points over the 5.8% paid out in 2010, translates to RM24.47bil being distributed to its members.

“2011 marks another commendable achievement for the EPF.

“Despite the challenging investment landscape, it was the strongest performance since 2001 that affirms our long term and prudent investment strategy combined with continuous efforts by our investment team,” said EPF chairman Tan Sri Samsudin Osman.

The dividend payout of the RM24.47bil was derived after deducting net impairment allowance on financial assets, investment expenses, operating expenditures, statutory charges and dividend on withdrawals, representing an increase of 13.23% compared to RM21.61bil recorded in 2010.

EPF also posted a gross investment income of RM27.24bil up 13.18% from 2010.

As of Dec 31 last year, EPF's total investment assets continued to register a healthy growth of 6.52% to RM469.22bil from RM440.52bil recorded in the previous year.

“This rise was primarily contributed by the positive net annual contributions from members and employers, and consistent and encouraging investment performance,” it added.

EPF said it continued to invest the bulk of its investment assets, which is 60.79%, including in equities, which represented 35.64% of total assets.

Equities were the largest income contributor at RM13.29bil representing 48.81% of total investment income.

“This is followed by loans and bonds, Malaysian government securities and money market instruments which contributed RM7.54bil, RM5.63bil and RM656.36mil respectively,” it said.

Samsudin said that while the EPF could not guarantee that it could maintain this performance amid the global economic and market uncertainties, it was committed to safeguarding and adding value to members' retirement savings, particularly against inflation.

Members may check their EPF Account Statements for the crediting of the 2011 dividend, either through EPF Kiosks, counters or i-Akaun from today.

Read more?

EPF declares 5.8% dividend

PETALING JAYA: The Employees Provident Fund (EPF) has declared a dividend of 5.8% for 2010, up from 5.65% declared the year before.

It will pay out a total of RM21.61bil to members, an increase from the 2009 dividend payout of RM19.37bil.

EPF declared that the rate, which was approved by the Finance Minister, was the “highest dividend payout amount ever”.

EPF’s total investment assets stood at RM440.52bil as at Dec 31 last year while its gross investment income was RM24.06bil.

“The dividend rate underscores an impressive year in which gross investment income reached a historical high of RM24.06bil, reflecting a 39.76% increase over the RM17.22bil recorded in 2009,” EPF chairman Tan Sri Samsudin Osman said in a statement yesterday.

Samsudin said last year’s investment income was especially driven by the per­formance of equity investments boosted by improved financial and economic conditions.

“The dividend amount paid out is derived after deducting net impairment allowance on financial assets, investment expenses, operating expenditure and statutory charges as well as dividend on withdrawals,” he said.

Equities, the statement said, was EPF’s largest investment income contributor at 45.45% or RM10.94bil, followed by loans and bonds, Malaysian Government Securities, money market instruments and property and miscellaneous income.

According to the statement, two-thirds of EPF’s total investment assets last year remained in low risk fixed-income instruments with stable streams of income.

“As a retirement fund, our primary objective is the preservation of capital while adding value to members’ retirement savings.

Members may check their EPF account statement for the crediting of the 2010 dividend via EPF Kiosks, counters or i-Akaun, from today.

Read more?

EPF Declares 5.65% Dividend For 2009

Highest Total Dividend Paid Out of RM19.63 billion

The Employees Provident Fund (EPF) Board, with the approval of the Minister of Finance, has declared a dividend rate of 5.65 per cent for the financial year ended 31 December 2009. The dividend rate was declared on the back of the highest ever net income achieved of RM19.63 billion.

The net income represents an increase of 34.82 per cent compared to RM14.56 billion recorded in 2008 while the dividend rate for 2009 is a significant improvement of 115 basis points over the rate of 4.50 per cent paid out for 2008.

In a statement issued today, EPF Chairman Tan Sri Samsudin Osman said, “2009 was a significant year for the EPF as it rode out the impact of the global financial crisis. While the EPF continues to be challenged by the fragile economic environment, our investments nonetheless delivered a sound performance for the year.”

During the year under review, a total of 72.53 per cent of investments were devoted to Fixed Income Instruments in line with EPF’s prudent approach to investment, while 27.05 per cent was in Equities, and the remaining in Property.

As at 31 December 2009, EPF’s investment portfolio grew 8.55 per cent or RM29.25 billion to RM371.26 billion compared to RM342.01 billion in 2008.

Read more?