dont think they will open the bumi quoto to non bumi for AS1M, or else PERKASA will make a big issues...
1 year ago when PNB open unsold AS Malaysia bumi quota to Non bumi, Utusan Melayu already make noise.
If u really want to top up AS1M/ASW/ASM, i will suggest u to try and error with any agent bank that u know well, some tellers are very helpful.

it depends on how u look at it, chinese quota is full, indian quota is > half full, Bumi quota is 98% available.
If they declare high dividend for AS1M what will be the impact? Chinese that wanted to invest more cant do that anymore, it will probably increase the indian's investment in AS1M since it is not full yet, but dont think will have any impact on Bumi's 98% availaibilty, as Bumi group still have many choices for fixed price fund, they still can top up those funds with good records such as ASB, ASW and ASD. So i dont see any resons PNB will declare 6.5-7% to please the majority (non bumi) investors in AS1M, and disappoint the Bumi investors in ASD, ASW (which majority are Bumi investors), Dividend for ASW/ASD is less than 6.5% for year 2010

There are many more ways for BN government to raise fund (besides thru AS1M), they can raise thru Sukuk Malaysia, Bond Malaysia. Increase % of EPF contribution or etc.....so not necessary to raise fund by filling up the remaining 6 billion of AS1M by Bumi.

This post has been edited by cheahcw2003: Aug 28 2010, 11:29 AM

u may wait until the cows come home, just find other alternatives

if one of your parents are sino kadazan, the jabatan pendaftaran negara cannot refused your brother's birth cert to be stated as sino kadazan.
in the Race colume, a child can either follow mother or father.

that is in sarawak, both parents must be bumi for their kids to become a bumi, for Sabah, either one will do, not necessary father, mother also possible


This post has been edited by cheahcw2003: Sep 13 2010, 04:19 PM

Read thru some of the pages of this thread you will find the answers.

u can refer to the previous figures as reference which is available at pnb's website

if asnb system is down, all pnb funds will be affected, not only asn3, sometimes is the agent banks connections down, not pnb, so next time if u go to say Cimb, and line down, u can still try Maybank or Rhb/ post office.

in fact nothing special abt the ASG series, u need to pay the 5% service charge still, and I found that private mutual funds equity fund series perform better, if u already hv the pnb's fixed price fund why not u diversify ur investment in equity fund in private company? Some distributor like FSM and cimbclicks offer lower sales charge of around 2% only

chinese quota is rm3bil, as long as someone sold, u can buy, subject to the availability.....
If u know any agent bank staff, they can help to bank in for u.

well said, those who have invested in As1m just want the miracle to happen and they day dream the return to be as good as Asb

what do u meant by ASNB?

PNB is the holding company that own 100% of ASNB, ASNB offers and manage various fund including fixed price funds like ASB, ASW, AS1M, and also variable price products like ASN, ASN2, ASN3 and etc...

not really, ASD dividend is less than AS1M for this year

the 7 years rules only apply on the bank deposit s account, ASNB is a mutual fund company, so not apply.
th ASM account cannot be zero, as the rule is u need to keep a certain small amount say RM10 (not sure abt this pls clarify) to keep the account alive.

Better chance if someone withdraw the dividend tomorrow

Report usually ready after 3 mths

For all ASNB products, joint names between 2 adults are not possible.

only ASB/ASN can used as collatral now. B4 1st July 2010, ASW2020 can be used as collaterel to apply OD, but it has been freeze.
Heard from the PNB agent that there was one Malay taikoon pledged RM30mil ASW for OD facility and create the chaos in ASNB, and since then they freeze it already.

yes u must be convert the money in the passbook to the form of certificate then use the cert to apply for OD facility, I nderstand now the agent banks don't offer OD to individual name, only to the sole propriertor. Means ASB cert under personal name, OD under sole prop name

Agree...PNB has no experience in Contrsuction of Commerical building, this is not their strenght...if PNB is using particular fund say ASM to fund the construction i will withdraw my $$ then

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Added on October 19, 2010, 2:37 pmU can convert to cert by filling up a form in PNB office, once u pledge the OD cert to the bank and granted the OD facility, u can "withdraw" the $$ from your OD account. If u still not understand u shd learn the basic banking product first like current account, Overdraft, commitment fees.....

This post has been edited by cheahcw2003: Oct 19 2010, 02:37 PM