5 sen distribution for Mayban Unit Trust funds

  • Business
  • Thursday, 04 Sep 2003

MAYBAN Unit Trust Bhd has declared a gross distribution of 5 sen per unit for each of its Mayban Ethical and Value Trust Funds. 

Its chief executive officer Ismail Mohd Yusof said in a statement that the gross distributions represented an effective yield of 9.99% and 10.09% over the eight-month period and annualised yields of 14.99% and 15.13% for Mayban Ethical and Mayban Value Trust funds respectively. 

“These returns were calculated based on their average net asset value since inception in January this year,’’ it said. 

“The distribution entitlements will be made to all unit holders on the register as at Aug 29 and tax vouchers will be dispatched together with the annual report by Oct 31,” the statement added.  

 Stock Watch On MAYBANK

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

CPO futures likely to see technical correction next week
Evergrande says six execs redeemed investment products in advance
Infineon opens Austria plant early in chip capacity boost
Indonesia may reopen to tourists from some countries in October
Airbus reaches deal to restructure AirAsia jet order
Oil price falls as storm-hit US supply trickles back into market
World shares fall as markets await Fed meeting, taper timeline
Gadang’s subsidiary bags RM100mil deal
Big sales jump for EcoWorld Malaysia in Q3
The 18th entry

Stories You'll Enjoy