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Permodalan BSN declares 1.8 sen dividend for Dana Al-Jadid

Published on: Wednesday, January 09, 2013

Kuala Lumpur: Bank Simpanan Nasional's (BSN) wholly-owned subsidiary, Permodalan BSN Berhad, Tuesday announced income distribution totalling RM3.375 million for BSN Dana Al-Jadid for financial year ended Dec 31, 2012.

The dividend for the fund is 1.8 sen per unit for investors holding the unit trust till Dec 31, 2012.

They are eligible for the distribution in the form of reinvestment.

The reinvestment will be made on Jan 14.

Permodalan BSN Bhd chief executive officer Kamarul Izam Idrus said the net asset value managed as at financial year ended 2012 totalled RM45.9 million.

He said the income distribution of BSN Dana Al-Jadid was equivalent to 7.2 per cent gross revenue based on the opening price of the 2012 financial year.

Launched in 2008, Dana Al-Jadid is a syariah-based equity fund aimed at capital growth and income distribution. Permodalan BSN Bhd had 10,534 investors as at Dec 31, 2012.-Bernama