Maybe your address info is wrong, u can check with PNB or its agent on the last updated add. i received mine few weeks ago

ASN2 not closed forever, it is closed till the month end for the dividend calculation, will reopen in 1st July.

This post has been edited by cheahcw2003: Jun 18 2010, 12:50 PM

the banks are just agents, the funds are issued and managed by ASNB/PNB

are you talking abt AS1M? the chinese portion already fully subsribed, Indian/bumi still available.
No indication from PNB that they will reopened AS1M for other races

from 1st of July onwards, you cannot pledge ASB certificate to any banks to apply OD under individual name. It can only be done under sole proprietorship's name. For OD/ASW, totally banned, as started from 1st July, ASW cannot be converted to certificate form already, only in passbook form.

i guess many Bumi do not know how to operate the OD, they do not serve OD on time and force the bank to liquidate the ASB Certificate, PNB need to endorse and unendorse all the documents and it makes all messy. So now OD only open to businessman, PNB think those can manage their sole prop biz can manage the OD line. But Term Loan for ASB still running.

OD against ASW stopped already as many manupulate using the OD facility to reinvest, PNB want the investor to invest from ther own money, i guess

This thread has becoming less interesting and boring nowadays from my obervation for the last one month, there are many newbies that ask simple and repeated questions every now and then without referring to the earlier thread, or referring to www.asnb.com.my website which is very informative...some of the common questions below have been repeated more than 10 times and still got new comers come and ask the same questions again and again...among the questions are:

a) where can i buy asnb products?
b) AS1M non bumi quota still got? when will they open for chinese quota again? chinese quota full. Then what abt indian quota leh, still got?
c) out of all the funds which is the best? i am a bumi
d) i bought the ASW 10 years ago in post office, i want to sell it now, where can i sell it?
e) what is the max amount i can withdraw from the PNB per day?
f) what is the opening hour for PNB?
g) any sales commission for ASW, ASM?
h) AS1M got sales commission?
i) ASW chinese quota still got?
j) i am still a student, can i invest in 100ringgit? what is the minimun investment amount? u guys invest 10K? why u guys so rich one?
k) what time post office open?

almost every page of the thread the above same questions (at least one) will be apperead....

nothing wrong with the PNB fund return, it is just that u need to make sure that your money grow faster than the inflation hike...

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Added on August 2, 2010, 1:20 pmnothing wrong with the PNB fund, it is just that u need to make sure your investment return is always higher than the inflation rate

This post has been edited by cheahcw2003: Aug 2 2010, 01:20 PM

PNB is the biggest shareholder of Sime Darby, SIme Darby make big lost this year, so it affects the return....

i was told that for ASW2020 bumi quota also fully subscribed, now only left ASD...

the approved fund size is rm14bil, outstanding is rm13.1bil todate. They are going to distribute the dividend and all dividend will be reinvested. so it will be easily fill the left over RM0.9bil with the dividen distribution.

This post has been edited by cheahcw2003: Aug 16 2010, 12:44 AM

Nobody know when will be the annoucement date, but dividend will be paid on the 1st day after the financial year end.

the AS1M fund allocated for chinese is RM3bil, as long as someone sells then u can buy.
Same as for ASW, ASM....

dont worry, the fund size for ASW is RM14bil, sometimes within an hour can have few big withdrawal, bank tellers are just salary earners, they are not able to sapu all the fund that available from time to time. My friend's uncle left his ASW book with one of the bank's teller, and he is able to accumulate 6 digits of units into his ASW account within few months time.

This post has been edited by cheahcw2003: Aug 24 2010, 11:22 AM

i dont think so, once u hit the 200K max, only the reinvested dividend can be added on

Nah...he is a retirees, instead of letting his $$ sitting in the FD, so he transfer some to the ASW as and when there is an availlability.

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Added on August 24, 2010, 4:12 pmTrue enough, i was told the same, but if u r a new account (less than 1 year) still cannot pump in more money, how far u can go beyond 200K depends on how long u had been maintaining the account....i have come accorss one depositor has > 500K in his ASB account

This post has been edited by cheahcw2003: Aug 24 2010, 04:12 PM

12 years

u may find the following website useful:
http://www.1728.com/compint.htm

the dividend is monthly rest, base on the lowest balance of the month.

there is no maturity of the AS1M. If their financial year end is 30 Sept, means they will annouce the dividen prior to that and will be credited to your account on 1st Oct, just bring your AS1M passbook to update with any agent on or after 1 Oct.

No i invest in their other fixed price funds, i.e. ASW2020