TA Investment Management Berhad (TAIM) has declared a gross income distribution of 1.5 sen per unit for TA Income Fund (TIF) and 0.60 sen per unit for TA Asian Dividend Income Fund (TADIF) to the registered unit holders of the Fund as at 31st July.
The Malaysian market is currently uncertain due to the change of government during the 14th General Election and is still in the short-term pain stage.
Bursa Malaysia Bhd registered a Profit After Tax and Minority Interest of RM122.0 million for the first half ended 30 June 2018 (“1H2018”), an increase of 5.0% from RM116.2 million reported in the previous first half ended 30 June 2017 (“1H2017”).
The growth in PATAMI is primarily due to higher operating revenue of RM279.1 million, a 3.6% increase from the previous corresponding half year. This is Bursa Malaysia’s highest half year operating revenue since its listing in 2005.
FTSE Bursa Malaysia KLCI etf (FBM KLCI etf), Malaysia’s first equity Exchange Traded Fund (ETF) has announced an interim net income distribution of 0.5 sen per unit for the financial year ended December 31, 2018.
Investors are expected to earn income distribution payouts twice a year.