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AS1M, ASM, ASW, ASB V2, PNB fund
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MilesAndMore
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Dec 25 2009, 05:49 PM
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Look at all my stars!!
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QUOTE(AskarPerang @ Dec 25 2009, 05:39 PM) anyone knows when can you withdraw money from your ASB again? I need to collect hutang from my friends but the keep saying that can't withdraw money from ASB yet. Is that true? I wander why. Yes. It's true. No ASB transaction is allowed until 3rd January 2010. See below - QUOTE(cheahcw2003 @ Dec 8 2009, 05:00 PM) ASB and ASN suspension of Transaction from :
ASB : 21 Dec 09 - 3 Jan 2010 ASN : 23 Dec 09 - 3 Jan 2010
for the calculation of income distribution ended 2009. All transaction will be resumed on 4th Jan 2010.
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sotong168
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Dec 25 2009, 11:07 PM
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QUOTE(cheahcw2003 @ Dec 23 2009, 10:19 PM) December 23, 2009 15:36 PM PNB May Extend Deadline For Subscribing AS1M Units» Click to show Spoiler - click again to hide... « KUALA LUMPUR, Dec 23 (Bernama) -- Permodalan Nasional Bhd (PNB) may extend the period for subscribing the Amanah Saham 1Malaysia (AS1M) share trust units which has a December 31 deadline. PNB Group Chief Executive and President, Tan Sri Hamad Kama Piah Che Othman, said the extension might be given as the allocated quota of units given according to the communities have not been taken up.
So far, 82 per cent of the quota given to the Chinese community has been subscribed, while another 20 per cent quota for Indian investors have been bought, and the units for Bumiputera meanwhile are largely still left. Hamad Kama Piah said this when asked to comment on the latest development in the subscription of AS1M units, here Wednesday.
AS1M, a fixed price fund with a size of RM10 billion units, was launched on July 31 this year by Prime Minister Datuk Seri Najib Tun Razak. It was opened to all Malaysians with an allocation of 50 per cent for Bumiputera, 30 per cent for the Chinese community, 15 per cent for the Indian community and five per cent for others.
Todate, a total of 2.96 billion units of the AS1M have been subscribed by 235,032 investors. On the proposed multi-development project around the Stadium Negara and Stadium Merdeka, Hamad Kama Piah said the group was in the final stages of making a decision on the project.
-- BERNAMA
Comments: seems that PNB is very likely to build the 100 storey skysraper. AS1M dealine extended, in order to collect more fund to build the 100 storey skycrapper????? opps, that translate to they won't open ASM / 2020 so soon eh... anynews on sukkuk? thks~
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cheahcw2003
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Dec 28 2009, 05:36 PM
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PNB Extends Subscription Period For AS1M (for the 3rd time)
KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd (PNB) says it will extend the period for subscribing the Amanah Saham 1Malaysia (AS1M) share trust units to a later date from the current Dec 31, 2009 deadline. PNB Group Chief Executive and President, Tan Sri Hamad Kama Piah Che Othman, said the extension, given according to the community allocation, will be third after the Sept 30, and Dec 31, 2009 deadlines.
In a statement on Thursday, he said the decision was taken in order to give all the communities the opportunity and more time to buy the share trust units. Todate, a total of 3.06 billion units of the AS1M have been subscribed by 235,288 investors. So far, 85 per cent of the quota given to the Chinese community has been subscribed, while another 21 per cent of the quota for Indian investors have been bought.
-- BERNAMA
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AskarPerang
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Dec 28 2009, 05:41 PM
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QUOTE(cheahcw2003 @ Dec 28 2009, 05:36 PM) PNB Extends Subscription Period For AS1M (for the 3rd time) KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd (PNB) says it will extend the period for subscribing the Amanah Saham 1Malaysia (AS1M) share trust units to a later date from the current Dec 31, 2009 deadline. PNB Group Chief Executive and President, Tan Sri Hamad Kama Piah Che Othman, said the extension, given according to the community allocation, will be third after the Sept 30, and Dec 31, 2009 deadlines. In a statement on Thursday, he said the decision was taken in order to give all the communities the opportunity and more time to buy the share trust units. Todate, a total of 3.06 billion units of the AS1M have been subscribed by 235,288 investors. So far, 85 per cent of the quota given to the Chinese community has been subscribed, while another 21 per cent of the quota for Indian investors have been bought. -- BERNAMA Seems like the fund is not selling or not getting good respond from the people. Come on....just announce a better dividend payout than ASB and everyone will invest here already.
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??!!
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Dec 29 2009, 08:47 PM
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My non- bumi friend told me that she had been buying ASM/W2020 over the past 2 months. Between her family members , they managed to buy about RM0.5 M worth. From what I heard ,one can hardly buy units allocated to non-bumis after the initial offer period.
If what my friend said is true, there are 2 possibilities here:
1) Some non-bumis are exiting the schemes...reason???...no confidence in the scheme?
2) The un-subscribed bumi quota is released for sale to all races.
Anyone non-bumi tried buying into the scheme lately?
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oumind
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Dec 29 2009, 09:17 PM
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QUOTE(AskarPerang @ Dec 28 2009, 05:41 PM) Seems like the fund is not selling or not getting good respond from the people. Come on....just announce a better dividend payout than ASB and everyone will invest here already.  If you have the right to print money, no problem! What is minimum dividend payout in order to be considered as attractive?
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cheahcw2003
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Dec 29 2009, 09:51 PM
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QUOTE(??!! @ Dec 29 2009, 08:47 PM) My non- bumi friend told me that she had been buying ASM/W2020 over the past 2 months. Between her family members , they managed to buy about RM0.5 M worth. From what I heard ,one can hardly buy units allocated to non-bumis after the initial offer period. If what my friend said is true, there are 2 possibilities here: 1) Some non-bumis are exiting the schemes...reason???...no confidence in the scheme? 2) The un-subscribed bumi quota is released for sale to all races. Anyone non-bumi tried buying into the scheme lately? Tried to ask the CIMB staff last month end, when i did the transaction, they told me ASW2020/ASM are fully sold. They did not just turn me down by saying so, as i have seen they are checking the computer systems. Wonder how your non bumi friends can do that?????
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??!!
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Dec 29 2009, 10:11 PM
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QUOTE(cheahcw2003 @ Dec 29 2009, 09:51 PM) Tried to ask the CIMB staff last month end, when i did the transaction, they told me ASW2020/ASM are fully sold. They did not just turn me down by saying so, as i have seen they are checking the computer systems. Wonder how your non bumi friends can do that????? She knows a few 'very friendly' bank staff who work at the counter...when they are free, they will just buy and contra from her account with the same bank. Some days it's zero, some days, they manage to get a few thousand worth. Yeah, it's quite tedious and someone must be checking the system every now and then to be able to get some units.
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cheahcw2003
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Dec 30 2009, 11:41 AM
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QUOTE(??!! @ Dec 29 2009, 10:11 PM) She knows a few 'very friendly' bank staff who work at the counter...when they are free, they will just buy and contra from her account with the same bank. Some days it's zero, some days, they manage to get a few thousand worth. Yeah, it's quite tedious and someone must be checking the system every now and then to be able to get some units. it is always good to know someone inside the bank.
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winner
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Dec 30 2009, 03:13 PM
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QUOTE(??!! @ Dec 29 2009, 08:47 PM) My non- bumi friend told me that she had been buying ASM/W2020 over the past 2 months. Between her family members , they managed to buy about RM0.5 M worth. From what I heard ,one can hardly buy units allocated to non-bumis after the initial offer period. If what my friend said is true, there are 2 possibilities here: 1) Some non-bumis are exiting the schemes...reason???...no confidence in the scheme? 2) The un-subscribed bumi quota is released for sale to all races. Anyone non-bumi tried buying into the scheme lately? I was one of them.  Don't ask me how, as somebody has already explained. This post has been edited by winner: Dec 30 2009, 03:18 PM
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sotong168
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Dec 31 2009, 01:07 PM
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QUOTE(winner @ Dec 30 2009, 03:13 PM) I was one of them.  Don't ask me how, as somebody has already explained.  sigh, i went over counter to check twice, they never bother to check for me
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??!!
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Jan 1 2010, 11:16 AM
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I just cuba this morning at CIMB .....managed to get RM50k ASM.
Buying via this 'try and tembak' method is like lottery
Now, my question is...are some people dumping ASM/2020...and if yes....what's cooking?
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arsenal
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Jan 1 2010, 01:57 PM
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QUOTE(??!! @ Jan 1 2010, 11:16 AM) I just cuba this morning at CIMB .....managed to get RM50k ASM. Buying via this 'try and tembak' method is like lottery Now, my question is...are some people dumping ASM/2020...and if yes....what's cooking? i thought today public holiday...plus it is foolish to dump now since dividen will announce in March? Are you bs us?
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??!!
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Jan 1 2010, 05:45 PM
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QUOTE(arsenal @ Jan 1 2010, 01:57 PM) i thought today public holiday...plus it is foolish to dump now since dividen will announce in March? Are you bs us? Johor takda hol today ...... From what I know...div will still to paid to unit holders up to last month of holding even tho div is declared at later date..eg if sell in Jan 2010..dapat div from last div date till Dec.2009
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cheahcw2003
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Jan 1 2010, 07:39 PM
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QUOTE(??!! @ Jan 1 2010, 05:45 PM) Johor takda hol today ...... From what I know...div will still to paid to unit holders up to last month of holding even tho div is declared at later date..eg if sell in Jan 2010..dapat div from last div date till Dec.2009 did u try asw2020 also? or just ASM?
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sotong168
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Jan 1 2010, 08:23 PM
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for 2020/asm, say if someone would like to let go theirs, can i bring him over to bank counter and tx frm his acc to my 2020/asm acc? thks~
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MilesAndMore
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Jan 1 2010, 09:35 PM
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Look at all my stars!!
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QUOTE(??!! @ Jan 1 2010, 05:45 PM) Johor takda hol today ...... Eh, how so ? Thought 1/1 holiday it's standard nationwide.
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cheahcw2003
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Jan 1 2010, 10:49 PM
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QUOTE(MilesAndMore @ Jan 1 2010, 09:35 PM) Eh, how so ? Thought 1/1 holiday it's standard nationwide. 5 states in Malaysia not a public holiday for new year, Johor + 4 Negeri-negeri Tidak Bersekutu
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besiegetank
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Jan 1 2010, 11:03 PM
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Hmm...since AS1M fund is still available and I have extra funds available, maybe can consider investing in it.
Btw, does it possible for PNB to switch the extra profits from funds like ASW and AS1M to ASB?Are we possible to detect it?(e.g. from their annual reports?)
Another question, do all those funds have different fund management teams?Or most of them shared the same investment strategy?
Just seeking for further clarifications before putting in my hard-earned money.
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MilesAndMore
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Jan 1 2010, 11:31 PM
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Look at all my stars!!
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QUOTE(cheahcw2003 @ Jan 1 2010, 10:49 PM) 5 states in Malaysia not a public holiday for new year, Johor + 4 Negeri-negeri Tidak Bersekutu Negeri-negeri tidak bersekutu ... LOL ! That was a long time ago
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