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ASM 2 Wawasan suspends trading for 3 days from Aug 29, expected to announce dividend of 4 to 4.50 cents.

29/08/2023

ASM 2 Wawasan will suspend trading for three days from August 29th to 31st.

 

Trading in ASM 2 Wawasan will be suspended from August 29 to 31, 2023 for the settlement of the 2023 dividend payout, according to an announcement from the National Trust Fund Company (ASNB), a subsidiary of the National Investment Agency (PNB).Trading in ASM 2 Wawasan will be resumed on September 1st.

 

The ASM payout announced in April this year was 4.50% and most of the fixed deposits this year are above 4%, therefore it is generally expected that this year’s payout will be above 4%, ideally 4.50% or equivalent to 4.50 sen per unit.

 

ASM 2 Wawasan is expected to announce the dividend details on August 30th, which will be credited to investors’ ASM 2 Wawasan accounts on September 1st. Investors will be able to check how much they have received on September 1 via the myASNB APP.

 

If ASM 2 Wawasan’s dividend payout is not satisfactory, then this may lead to massive selling of ASM 2 Wawasan units by investors, which may also lead to ASM not selling. Let’s look forward to ASM 2 Wawasan’s dividend payout result.

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