Kota Kinabalu: Saham Amanah Sabah (SAS) recorded a gross income of RM39.789 million as at March 27 this year.
Saham Sabah Berhad Chairman Mohamad Damshal Awang Damit said the income was derived from SAS’ investments in the stock market (87.31 per cent), dividend income (12.14pc) and the money market (0.55pc).
He said that after deducting management expenses and tax provisions, the distributable income stood at RM37.570 million.
“With this positive performance, I am pleased to declare SAS’s first interim income distribution for 2026 of 2.50pc, or 2.50 sen net per unit, representing an income yield of 8.36pc based on the Net Asset Value (NAV) per unit of RM0.2989 as at January 1, 2026.
“This distribution of 2.50 sen per unit entails a total net payout of RM35.682 million, based on 1,427,297,000 units held as at March 26, 2026, which is the last date of entitlement.
“We are pleased to deliver this first interim income distribution to our valued and loyal investors despite volatile financial markets and ongoing global economic challenges. This positive performance reflects our prudent financial management and the adoption of sound investment strategies guided by our core investment philosophies,” he said in a statement on Tuesday.
Mohamad Damshal said the distribution will benefit 44,865 investors, comprising 44,784 individual investors (99.82pc), 40 investors with bank loans (0.09pc), and 41 corporate investors (0.09pc).
Since its inception 31 years ago, and inclusive of this latest distribution, SAS has declared a total of 30 income distributions amounting to RM874,186,038.30, or 107.80 sen per unit (net), equivalent to 107.80pc. This includes distributions reinvested in the form of units at a rate of 0.40 sen per unit (0.40pc).
To facilitate the payment, SAS unit trust transactions and related services have been temporarily suspended from March 31 to April 2, 2026. Trading will resume on Monday, April 6, 2026.
Mohamad Damshal said going forward, Saham Sabah Berhad, as the manager of the SAS fund scheme, will continue to generate sustainable returns in line with its investment objectives.
“I would like to invite both potential and existing investors, particularly state government agencies with the capacity to diversify their portfolios, to invest or increase their holdings in SAS, as units are still available for sale,” he added.
