Unit trust funds to get boost from JCorp capital injection


  • Business
  • Thursday, 06 Mar 2003

JOHOR Corp (JCorp) needs to inject at least RM400mil in capital into its two unit trust funds Amanah Saham Johor (ASJ) and Dana Johor (DJ) to boost their prices to RM1 and 50 sen respectively. 

According to its group chief executive Tan Sri Muhammad Ali Hashim, JCorp subsidiary Pelaburan Johor Bhd (PJB) which manages the funds has targeted to reach the desired price levels by 2005. 

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