KUALA LUMPUR – Amanah Saham Bumiputera (ASB) unitholders will receive 7.50 sen dividend per unit for the financial year ending Dec 31, 2014 compared with 7.70 sen declared last year.
The wholly-owned subsidiary of Permodalan Nasional Bhd (PNB) also announced that 8.60 million unitholders would also receive a bonus of 1.00 sen per unit.
PNB Chairman Tun Ahmad Sarji Abdul Hamid said the unitholders collectively held 137.07 billion ASB units.
He said the income distribution portion involved a total payout of RM10.16 billion, up 10.8 per cent, from RM9.17 billion paid last year while the bonus portion rose 19 per cent and accounted for RM804.43 million.
“ASB’s total gross income on Dec 16 was estimated at RM10.55 billion.
“Dividend income from investee companies contributed RM4.64 billion or 44.0 per cent of gross income while the profit from the sale of shares contributed RM4.23 billion or 40.1 per cent of the gross income.
“The balance of RM1.68 billion or 15.9 per cent was derived from other incomes,” he told reporters after announcing the income distribution here today.
Ahmad Sarji also said ASB’s overall performance for the financial year ending Dec 31,2014 was satisfactory although the local stock market was volatile in recent days.
As of Dec 16, 2014, the FTSE Bursa Malaysia KLCI dropped 10.3 per cent to 1,673.94 points against 1,866.96 points recorded on Dec 31, 2013 following declining crude oil prices.
The income distribution and bonus will be automatically credited into the accounts of unit holders who will be able to update their accounts beginning January 2, 2015.
All transactions for ASB at ASNB head office, ASNB branch offices and agents have been suspended beginning Dec 23, 2014 until Jan 1, 2015 to facilitate the calculation of income distribution and bonus. – BERNAMA