6 days ago
- Business
- Free Malaysia Today
Amanah Saham Sarawak declares final dividend of 3 sen
Sarawak premier Abang Johari Openg after announcing Amanah Saham Sarawak's final dividend for the 2025 financial year. (Bernama pic)
PETALING JAYA : Amanah Saham Sarawak's (Assar) total dividend distribution for the 2025 financial year amounted to RM28.76 million, after declaring a final dividend of three sen per unit for the financial year ended June 30.
Sarawak premier Abang Johari Openg said today the final dividend would see a payout of RM14.52 million, which will benefit some 57,870 investors, The Borneo Post reported.
The final dividend of three sen per unit follows an interim dividend of the same amount distributed in January.
Abang Johari said the cumulative total dividend distribution post-restructuring has reached RM42.33 million, describing it as 'proof of prudent and forward-looking investment management'.
He said the fund remains stable and resilient despite the heightened global market volatility, spurred by trade tensions following US president Donald Trump's announcement of reciprocal tariffs, as well as the conflict in the Middle East.
'While the net asset value also experienced fluctuations in line with the market, volatility was well managed thanks to prudent and disciplined asset allocation strategies,' he was quoted as saying.
Amanah Saham Sarawak CEO Norlia Madon said Assar recorded a gross income of RM38.39 million for FY2025.
The total comprised RM16.35 million from interest on fixed-income securities, RM13.96 million in capital gains from equity disposals, RM5.15 million in equity dividends, and RM2.93 million from money market instruments and capital gains on fixed-income securities.
She said that after deducting RM5.70 million in expenses, the net income stood at RM32.69 million.
