KUALA LUMPUR: Unit trust operator Amanah Saham Nasional Bhd (ASN) announced Tuesday an income distribution of 6.25 sen per unit for Amanah Saham Malaysia unit holders.
The dividend announcement was for the financial year ending March 31, 2009 (FY09).
According to Permodalan Nasional Bhd (PNB) president and chief executive officer Tan Sri Hamad Kama Piah, the dividend was the lowest ever declared by ASN.
He said the income distribution was equivalent to RM407.58 million.
PNB is the parent company of ASN.
Hamad said this payment would benefit 402,513 unit holders who have subscribed to 7.21 billion units of ASM.
Commenting on the dividend payout, he said ASN has the capacity to pay 7.92 sen per unit of dividend but chose to retain cash for investment opportunities in the new FY.
On the trends of the local bourse, Hamad said that would depend very much on external factors.
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