PUTRAJAYA: Permodalan Nasional Bhd (PNB) has announced an income distribution of 6.00 sen per unit for Amanah Saham 1Malaysia (AS1M) for the financial year ending September 30, 2017. This involved a total payout of RM724.10 million which would benefit more than 390,000 account holders who owns 12 billion units, said PNB Group Chairman, Tan Sri Abdul Wahid Omar. “Out of the total AUM, unit trust funds constituted RM228 billion while the remaining RM40.6 billion are the company’s proprietary funds,” he added. Its wholly owned subsidiary, Amanah Saham Nasional Bhd (ASNB)'s unit trust funds now have over 13 million accounts with almost 217 billion units in circulation (UIC). The group also announced that several major corporate exercises are expected to be completed by the end of the year, in line with its PNB STRIVE-15 Strategic Plan.

Source: New Strait Times September 29, 2017 02:59 UTC