PNB declares strong dividends for ASB and ASN - Business News - News Summed Up

PNB declares strong dividends for ASB and ASN - Business News


Assets under management at PNB swelled to a new high of RM276.5bil in the first 11 months of this year. “It has been an impactful year for us at PNB and I am happy that we are able to announce a higher income distribution for ASB unitholders today, including a special bonus,” he said. The top performer for the fund was Malayan Banking Bhd , in which the fund has a 48% stake. This translates to a yield of 5%, contributing to a year-to-date total return of 15% as at Dec 21, 2017. The transactions for ASB and ASN have been suspended from Dec 20 and will resume on Jan 2, 2018.


Source: The Star December 22, 2017 08:09 UTC



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