Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has announced the following income distributions for three (3) of its Funds for their financial year ended 30 June 2008;
Areca incomeTRUST Fund – 1.38 sen per unit
Areca moneyTRUST Fund – 0.75 sen per unit
Areca enhancedINCOME Fund – 0.45 sen per unit
In announcing this today, Danny Wong Teck Meng, Chief Executive Officer of Areca Capital Sdn Bhd said that the figures are reflective of a steady performance by the Funds despite difficult market conditions.
“We are pleased that our investors will enjoy these healthy returns and are confident that our fund management team will turn in consistent performances to ensure the continuing viability of their investments”, he said.
Areca Capital Sdn Bhd, an associate company of Jerneh Asia Berhad, has launched its maiden funds on 23 April 2007 and is currently managing 5-unit trust funds and is also an Institutional Unit Trust Agent for the distribution of third-party funds.
-RM2.44 MILLION INCOME DISTRIBUTION FOR ARECA CAPITAL’S INVESTORS-