Latest news with #PublicMutualBhd
The Star
6 days ago
- Business
- The Star
Public Mutual declares over RM20mil in distributions for three funds
KUALA LUMPUR: Public Bank Bhd 's wholly-owned subsidiary, Public Mutual Bhd, has declared distributions totalling over RM20mil for three funds. In a statement, the unit trust company announced a gross distribution of 3.75 sen per unit for the Public Select Bond Fund, 0.20 sen per unit for the Public Dividend Select Fund, and 0.10 sen per unit for the PB ASEAN Dividend Fund. Public Mutual is Malaysia's largest private unit trust company, with more than 180 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.
The Star
30-04-2025
- Business
- The Star
Public Mutual declares over RM96il in distributions for four funds
KUALA LUMPUR: Public Bank Bhd 's wholly-owned subsidiary, Public Mutual Bhd, has declared over RM96mil in distributions for four funds. In a statement, Public Mutual announced a gross distribution of 1.25 sen per unit for both the Public Ehsan Mixed Asset Conservative Fund and the Public Select Mixed Asset Conservative Fund. The unit trust manager also announced gross distribution of 0.50 sen per unit for Public Islamic Asia Dividend Fund and Public Islamic Dividend Fund. Public Mutual is Malaysia's largest private unit trust company with more than 180 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.
Yahoo
25-03-2025
- Business
- Yahoo
Individual investors own 19% of P.I.E. Industrial Berhad (KLSE:PIE) shares but public companies control 51% of the company
The considerable ownership by public companies in P.I.E. Industrial Berhad indicates that they collectively have a greater say in management and business strategy The largest shareholder of the company is Pan-International Industrial Corp. with a 51% stake Insider ownership in P.I.E. Industrial Berhad is 10% Every investor in P.I.E. Industrial Berhad (KLSE:PIE) should be aware of the most powerful shareholder groups. With 51% stake, public companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). And individual investors on the other hand have a 19% ownership in the company. Let's delve deeper into each type of owner of P.I.E. Industrial Berhad, beginning with the chart below. See our latest analysis for P.I.E. Industrial Berhad Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. P.I.E. Industrial Berhad already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of P.I.E. Industrial Berhad, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in P.I.E. Industrial Berhad. Looking at our data, we can see that the largest shareholder is Pan-International Industrial Corp. with 51% of shares outstanding. This implies that they have majority interest control of the future of the company. Yoke Fong Wong is the second largest shareholder owning 6.1% of common stock, and Public Mutual Bhd. holds about 5.8% of the company stock. In addition, we found that Chung Mui, the CEO has 0.6% of the shares allocated to their name. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. It seems insiders own a significant proportion of P.I.E. Industrial Berhad. Insiders own RM157m worth of shares in the RM1.6b company. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 19% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Public companies currently own 51% of P.I.E. Industrial Berhad stock. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 1 warning sign for P.I.E. Industrial Berhad that you should be aware of before investing here. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
