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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance more

CIMB-Principal declares Islamic DALI split

Posted on 18 December 2009

From Btimes.com.my: CIMB-Principal Asset Management Bhd today announced a two-for-five split for existing unitholders of its CIMB Islamic DALI Equity Fund effective Dec 15, 2009.

“With this unit split exercise, current investors will receive two new units for every five units he or she holds, while maintaining the value of total holdings before and after the split,” said chief executive officer J. Campbell Tupling………………………………..Full Article: Source

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