KOTA KINABALU: Saham Amanah Sabah (SAS) has announced that for the 6½ months period ending 15th July 2013 it has achieved a gross income of RM58.30 million.
The income is derived from SAS’s Investment in the stock market (86.53%), dividend income (11.98%), and money market (1.49%).
After deducting manager’s expenses, provision for taxation and the 1st income distribution of RM30.79 million, the distributable income amounted to RM27.51 million, said Saham Sabah Berhad chairman, Datuk Marcus Mojigoh in a statement, yesterday.
He added that the 2nd Interim Income Distribution will be of 2.00% or 2.00 sen net per unit for 2013.
The income distribution of 2.00 sen per unit will involve a net total payment of RM25 million. The calculation of the Interim Income Distribution is based on 1,249,500,000 units held as at 18th July 2013 being the last day of entitlement. This distribution represents a 6.39% income return based on the Net Asset Value (NAV) per unit of RM0.3132 as at 2nd January 2013.
With the declaration of the 2nd Interim Income Distribution of 2.0 sen per unit and the 1st Interim Income Distribution of 2.0 sen per unit, SAS has declared to date a total of 4.0 sen per unit for the year 2013, which is an income return of 12.77% for the year.
The income distribution will be paid to 53,379 investors comprising of 45,587 (85.40%) individual investors, 7,407 (13.88%) investors under the Hardcore Poor Scheme, 337 (0.63%) investors with bank loans and 48 (0.09%) corporate investors.
Since its inception 18 years ago, inclusive of this declaration, SAShas declared 15 cash distributions involving a total payment ofRM472.59 million net or 74.72 sen per unit (74.72%) and a distribution in the form of units reinvestment of 0.4 sen per unit (0.40%) on 31st December 2012.
Marcus stated that to facilitate the payment of the income distribution, all transactions of SAS will be suspended from 19th July to 26th July. Trading will resume on Monday, 29th July 2013.
For more stories:
0 comments:
Post a Comment