Hottest Online News Portal

PTPTN Declares Four Per Cent Dividend For SSPN1M

in Top News

KUALA LUMPUR – The National Higher Education Fund Corporation (PTPTN) has declared a four per cent dividend for its two savings products SSPN-i and SSPN-i Plus under its 1Malaysia National Education Savings Scheme (SSPN1M) 2017.

Its chairman Datuk Dr Shamsul Anuar Nasarah said the dividends amounted to RM92.56 million and will benefit more than 3.2 million SSPN1M depositors.

“The four per cent SSPN1M 2017 dividend is based on the net returns of investments made through deposits received by PTPTN.

“The PTPTN is still able to maintain the dividend rate given last year even though 2017 was a challenging year,” he said.

“As of 2016, PTPTN paid out RM288.6 million in dividends to depositors,” he said at a function to announce the 2017 SSPN1M Scheme dividend at Menara PTPTN today. – BERNAMA

Tags:

Latest from Top News

Go to Top