Community leaders get the lowdown on ASSB

SIBU: In a recent community engagement session held at the Sibu Municipal Council (SMC) Public Library, Amanah Saham Sarawak Berhad (ASSB) representatives met with 59 community leaders and councillors to discuss the latest developments surrounding the fund.

“The primary focus of this session was to shed light on the recent restructuring of the ASSB fund and the positive impact it has had on investors and the Bumiputera community,” said ASSB in a statement.

“Additionally, we aimed to gather valuable feedback from our community leaders regarding any challenges they or their communities face when investing in ASSB.”

The session highlighted the success of the restructuring exercise, emphasising that the ASSB fund’s Net Asset Value (NAV) has consistently remained above RM1.00 per unit.

This is particularly noteworthy considering the distribution of two dividends for the financial year ending June 30, 2024: an interim dividend of 2.5 sen per unit and a final dividend of 3.5 sen per unit.

As of August 14 this year, the ASSB NAV per unit stands at RM1.1023.

“Furthermore, ASSB upholds its RM1.00 minimum price guarantee, ensuring unit holder capital protection with a minimum repurchase price of RM1.00 throughout the guarantee period.”

On a separate note, ASSB urged investors to update their personal information; including address, contact number, and email address to any its service counter or by contacting the office directly at 082-231433 or 019-3461433.

Alternatively, investors can send updates via email at [email protected].