TA Investment declare distributions
Published on: Wednesday, May 04, 2016
Kuala Lumpur: TA Investment Management Bhd has declared gross income distribution of 1.5 sen per unit for the TA Asia Pacific Real Estate Investment Trust Income Fund (TAREITs) and 0.4 sen per unit for its quarterly TA Asian Dividend Income Fund (TADIF).In a statement Tuesday, the fund manager said the payout would benefit registered unit holders of the funds as at April 29, 2016. "Stability has returned to the market as investors had adjusted to the slightly higher US interest rates and continued concern on the sluggish growth, as well as the abated fears on possible hard landing for China's economy.
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