Ahmad Hanizam

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Public Mutual declares RM263m in distributions for 11 funds

KUALA LUMPUR: Public Mutual Bhd declared distributions amounting to more than RM263mil for 11 funds on Monday.

It said in a statement, the distributions were declared for the financial year ended Nov 30.

Public Mutual, a unit of Public Bank, is Malaysia’s largest private unit trust company with more than 160 funds under its management.

As at end-October, the fund size managed by the company was RM94.8bil.

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