SSPN contributors to receive 4pct dividend for 2020

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Title : SSPN contributors to receive 4pct dividend for 2020
Category : Malaysians

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SSPN contributors to receive 4pct dividend for 2020

National Education Savings Scheme (SSPN) account holders will receive a four per cent annual dividend for 2020. KUALA LUMPUR: National Education Savings Scheme (SSPN) account holders will receive a four per cent annual dividend for 2020.Higher Education Minister Datuk Seri Dr Noraini Ahmad said about 4.82 million SSPN account holders will benefit from the RM201.3 million dividend."This dividend distribution is made possible by the net return on investments made through deposits received by the National Higher Education Fund Corporation (PTPTN) for the whole of 2020."This payout would bring the total amount of dividend paid to RM856.6 million since the scheme was introduced in 2004," she said.Noraini said PTPTN's efficiency in implementing shariah-compliant investment methods in the local market and offer protection to the principal money has seen the fund gai…

National Education Savings Scheme (SSPN) account holders will receive a four per cent annual dividend for 2020. KUALA LUMPUR: National Education Savings Scheme (SSPN) account holders will receive a four per cent annual dividend for 2020.Higher Education Minister Datuk Seri Dr Noraini Ahmad said about 4.82 million SSPN account holders will benefit from the RM201.3 million dividend."This dividend distribution is made possible by the net return on investments made through deposits received by the National Higher Education Fund Corporation (PTPTN) for the whole of 2020."This payout would bring the total amount of dividend paid to RM856.6 million since the scheme was introduced in 2004," she said.Noraini said PTPTN's efficiency in implementing shariah-compliant investment methods in the local market and offer protection to the principal money has seen the fund gai…


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