AHB declares 2.5 sen interim earnings distribution

KUALA LUMPUR: Pelaburan Hartanah Berhad (PHB) and Maybank Asset Administration Sdn Bhd (MAM) have introduced the interim earnings distribution of Amanah Hartanah Bumiputera (AHB) of two.50 sen per unit for the six-month interval ended March 31.

This consists of a primary earnings distribution of two.15 sen per unit and a bonus distribution of 0.35 sen per unit.

The bonus distribution is contributed by PHB, because the sponsor of AHB and is distributed for the primary 500,000 models held by the unit holders.

“The two.50 sen a unit is marginally greater than final yr’s 6 months interim distribution of two.35 sen per unit which was paid in April 2021, reflecting a constructive development,” PHB group managing director Datuk Mahmud Fauzi Muda mentioned in a press release.

AHB distributes earnings twice a yr and the ultimate earnings distribution, if any, will likely be distributed in October 2022.

MAM chief government officer Ahmed Muzni Mohamed mentioned: “As beforehand introduced in October 2021, we are actually able to implement the reinvestment scheme whereby the earnings distribution will likely be made within the type of models and/or money, notably to the retail unit holders.

“For this interim earnings distribution, retail unit holders having a mean minimal month-to-month steadiness of 10,000 models and fewer, will obtain the earnings distribution in money whereas these having greater than 10,000 models, will obtain the earnings distribution within the type of AHB models.

“Institutional unit holders will proceed to obtain the earnings distribution within the type of money,” he mentioned.

The PHB is planning to subject an extra one billion new AHB models in 2022, in line with Mahmud Fauzi.

Since 2011, AHB has paid out roughly RM1.7bil in dividend earnings to its traders.


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