Kina Asset Management Ltd

KAML gain positive returns

KAML Chairman Sir Rabbie Namaliu said it was achieved because of its investment portfolios.  

Sir Rabbie said, the Fund recorded a valuation gain of K3.8 million resulting from the strong performance of Bank South Pacific (BSP) share price which rose by 20 per cent over the year.

BSP represented 21.9 per cent of the Fund at year end.

Dividend and interest income also contributed to the performance of the Fund with dividends received totalling K3.1 million.