Hong Leong AM declares RM335mil income distributions for 18 funds


Hong Leong Asset Management Bhd CEO Hoo See Kheng

KUALA LUMPUR: Hong Leong Asset Management Bhd (Hong Leong AM) has declared income distribution amounting to RM335mil for 18 funds, for the period commencing Jan 1 to July 31, 2023.

“We are pleased to declare a distribution pay-out of RM335mil to our investors despite the challenging external economic environment. While market volatility is expected to persist due to the uncertain outcomes of the various macro events happening around the world at the moment, Hong Leong AM will continue our aim to deliver sustainable distribution yields to our investors through time-tested investment strategies guided by our investment philosophies,” executive director and chief executive officer Hoo See Kheng said in a statement.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit may breach 3.95 next week on Middle East ceasefire optimism
Chile’s hot for investors
Don’t bend lending rules for power boom
Tokens lure top AI talent
A conflict that’s set to hurt margins
Stocks not doomed in stagflation
Staying rational in volatile times
AI rewrites Bollywood’s script
Private-credit strain spreads�
Joe Holding swaps batteries for bites

Others Also Read