AS 1Malaysia Unitholders Get 6.60 sen Dividend for 2014


AS1M

Amanah Saham Nasional Berhad (ASNB), announced a dividend of 6.60 sen per unit for Amanah Saham 1Malaysia (AS 1Malaysia) for the financial year ended 30th September 2014.

The  dividend is 0.10 sen per unit lower then 6.70 sen per unit announced in 2013. Kindly refer to “Historical AS1 Malaysia Dividend Rate” for previous year dividend.

The dividend will involve a total payment of RM664.22 million and will benefit 376,631 unit holders.

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Should you Store your Own Gold or Keep it at an Accredited Vault?


 First-time investors ask this question a lot. Is it better to keep precious metal investments at home or in a secured vault abroad?

The simple answer is to do both. Investors should always keep a portion of their gold investments close by so they can liquidate it whenever they need to. After all, there’s no point in owning gold if you can’t liquidate it right away. The majority of your investments, on the other hand, should be bought and kept safe abroad so you can rely on it in case you need to relocate due to a political catastrophe in your country.

Keeping gold in a private vaults

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The World’s Most Powerful Women

Excel Women ConferenceDo women have a place in the business technology world?  Forbes has recently published a guide to the most powerful women in the world across top politicians, finance and business leaders — all ranked by money, media momentum, spheres of influence and impact.

Here’s the top 4:
#4 Dilma Rousseff (President, Brazil)

One of the world’s most powerful heads of state, Rousseff is more than halfway through her term as president of Brazil, the world’s seventh-largest national economy with a GDP of nearly $2.4 trillion. The country just hosted World Cup 2014 and will be hosting the Olympic Games in 2016.
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ASW2020 Unitholders Get 6.6 sen Dividend for 2014

ASW2020

Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.6 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2014.

The dividend is 0.1 sen lower when compare to the 6.7 sen dividend given in 2013. Kindly refer to “Historical ASW2020 Dividend Rate” for previous year dividend since the fund launched.

The dividend will involve a payout of RM1.115 billion. The figures is 5.8 percent higher than the payment of RM1.053 billion made in 2013.

The payout will benefit 891,446 unit holders who currently hold 16.89 billion units of ASW 2020.

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Taxation on REIT Investment

REITReal Estate Investment Trust (REIT) is one of the most popular ways to invest in property as the dividend is rather stable and attractive. The most important reason why REIT investment is, the investor can access the fund invested in REIT rather quickly than conventional property investment as the units are traded in Bursa Malaysia.

However, bear in mind that, dividend received from REIT Investment is taxable.

For a REIT fund that distributed at least 90 percent of their total yearly income to unit holders, the REIT itself is exempted from tax for that year of assessment.

However, unit holders require to pay tax on the dividend income received from the REIT investment. As the income distributed by REITs tax exempt, no tax credit would be available to the unit holders.

If the tax exempt income received by REITs and subsequently distributed to unit holders, this dividend continues to be tax exempt to the unit holders.

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