Amanah Saham Sarawak (Assar) has announced a final dividend of three sen per unit for the financial year ended 30 June 2025, bringing its total dividend distribution for the year to RM28.76 million.
Sarawak Premier Abang Johari Openg said the final dividend will result in a payout of RM14.52 million, benefiting approximately 57,870 investors, according to The Borneo Post. This follows an interim dividend of the same amount distributed in January.
The cumulative total dividend distribution since the fund’s restructuring has reached RM42.33 million, which Abang Johari described as a testament to prudent and forward-looking investment management. He emphasised that the fund has remained stable and resilient despite heightened global market volatility triggered by trade tensions following former US president Donald Trump’s reciprocal tariffs and ongoing conflict in the Middle East.
“While the net asset value also experienced fluctuations in line with the market, volatility was well managed thanks to prudent and disciplined asset allocation strategies,” he said.
Assar chief executive officer Norlia Madon reported a gross income of RM38.39 million for the 2025 financial year. The total included RM16.35 million from interest on fixed-income securities, RM13.96 million in capital gains from equity disposals, RM5.15 million in equity dividends, and RM2.93 million from money market instruments and capital gains on fixed-income securities.
After deducting RM5.70 million in expenses, the fund recorded a net income of RM32.69 million.
-FMT