There's is a risk your friend may not get all of ASW2020 you sold

Mind to explain how's that happen?

lowlowc: what happen another person was trying his luck to buy ASW2020 quicker than your friend... Thus a risky maneuver.

This post has been edited by ronnie: Oct 24 2011, 11:33 AM

Yape, this will happen.. Its a potential risk..

all funds are full for chinese? what if im eurasian?(half chinese half eurasian) which category do i fall into? chinese?

This post has been edited by Davez89: Oct 25 2011, 06:00 AM

Some eurasians are considered BUMIputra eg. the Portugese descendents. So if your father is a Portugese and your mum is Chinese then u qualify.

This post has been edited by MGM: Oct 25 2011, 12:47 PM

No. They are not. They are not considered as Bumiputra but simply as those belong to the "special minority group" as defined by ASNB.

But their ancestors came here long before Mamakthir's. Other groups inc the Baba n Nyonya.

Miles and more is right. Portugese is considered minority not bumiputera in tge context of Asnb fund. In Malaysia, religion is more important than race when it comes to defination of bumi. Was told in Melaka and Penang, as long as u r Muslim u get bi discount when buying property. If u r bumi from east Malaysia but non Muslim such as iban or kadazan then u will not get any bumi discount in these 2 states.

I know and i completely understand and agree that it is very unfair to those fall into this "special minority group". However, they are not considered as Bumiputra under the Malaysian constitution.


Speaking of, my aunt tried to open the AS1M (Bumiputra portion of course) in a ASNB office in KL last week and was rejected. She contested their decision and they finally gave in and opened her the AS1M under Bumiputra category.

This post has been edited by MilesAndMore: Oct 26 2011, 06:23 PM

When I read ALL these 'filterings' and checks-and-balances just to invest, I just can't help but feel the pure Malaysian Chinese really don't have a place to stand in this country. Really habis, their future, especially so that their birthrate is dropping now, and their percentage of the population is diminishing lower and lower.

Perhaps other countries do practise racism too, but I bet the pure Chinese may have a better chance of survival, for themselevs and their offsprings' futures.

Better belah from this place....

It is not logical to use religion as definition. FYI, China has got more Muslims(Chinese) than Malaysia!

Bye

Migrate is the best solution for you....

Your aunt is Sino-Kadazan, a true blue bumi that protected by Perlembagaan. There is no reason for PNB to reject your Aun'ts application for opening account.

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Added on October 27, 2011, 12:42 amdoesnt solve the problem, u r sweeping the problems under carpet. Only rich non bumican afford to migrate, the leftover poor non bumi will have hardtime when the population number is shrinking

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Added on October 27, 2011, 12:49 am

As we all know, UITM only take in bumiputera students, they have a small quota open for foreign students. Few months ago, my friends intereviewed one Uitm Student that looking for job, she is Uitm graduate and a Chinese Muslim from China.

Damn it!! foreign chinese Muslim is eligible to study at Uitm than the local chinese who is non Muslim, where Uitm is funded by Malaysian tax payers money. This has proven what i had said, in Msia, religion is more important than your race or country of birth when it comes to bumi benefit.


This post has been edited by cheahcw2003: Oct 27 2011, 12:49 AM

Thank you for the congratulatory msg, I'm glad I have the resources to do so.

As for you, you better be a crony..., otherwise, you wouldn't fare very well here too even with that name. Anyway, just to share here : I am of that similar type of name too, except that one side of my parents is not.

Bye to you too, crony, or struggle hard for the future !

Cheah, thank you.

Just a small counter-opinion again here : I have many Malay friends who are also staying overseas and having gotten their PR-ship. Some have gotten their citizenships too. So, I guessed it's not only the non-Malays who are migrating. Somehow, even with the special privileges of this country, they are not staying, preferred the overseas system.

And it's not only the ones who have the money can move, the ones who managed to secure scholarships to study overseas can also move, provided they can find jobs oveseas, which most of the time, they are able to. So they continue their lives overseas,... I know there will be many irritations here after this statement. And well, I know some don't return because they don't want to payback their loans - Just sharing here !

I did not qualify for a Bumi loan during my time, hence, studied in Singapore only, just for info.

With the recent dividend payout for AS1M, anyone knows the latest status of AS1M ? Whether it's full already ?

Was told from other website that AS1M bumi quota is nearly full. As now they allow EPF investment. Indian quota still available. Chinese quota is full

Perhaps PNB should consider increase the fund size of AS1M for another 1B?