Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has declared a unit split for unitholders of Areca equityTRUST Fund.

The unit split exercise of 0.1312:1 (13.12 additional unit for every 100 units held) was to reward unitholders due to the fund’s performance and to bring the selling price of the fund closer to the initial offer period level.

“We have been in the bearish mood since the financial crisis. With the recent rebound of the economy recession, the equity prices started to pick up a few months ago. I personally believe that the equity market may go back to our previous high or even much higher (i.e. a super bull run) in 2 to 3 years time from now” said Danny Wong, chief executive officer of Areca Capital. He further added “It is never too late to participate in the uptrend, if we believe that the economy and corporate earnings will be back to glory days.

Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has launched its maiden funds on 23 April 2007 and is currently managing 6 unit trust funds and is also an Institutional Unit Trust Agent for the distribution of third party funds.

Any further enquiries please contact Ms. Rachel Ho at rachel@arecacapital.com or call 603- 7956 3111

– UNIT SPLIT FOR ARECA EQUITY TRUST FUND –