Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Amanah Hartanah Bumiputera (AHB)

views
     
MilesAndMore
post Nov 30 2010, 11:58 AM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cybermaster98 @ Nov 30 2010, 11:05 AM)
Aiyoo...i asked if with the ASB does it mean automatic qualification for the AHB or not. There are 2 types of Bumi status in Malaysia ok.

1) Malay Muslim Bumi
2) Bumi of Siamese, Dutch or Portuguese decent but non Muslim
The Siamese, Dutch and Portuguese minorities are NOT bumiputra. Sino/Native and many small ethnic groups in Sabah/Sarawak are the recognized minorities in Malaysia as Bumiputra Malaysia.

Attached Image
MilesAndMore
post Nov 30 2010, 01:47 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cybermaster98 @ Nov 30 2010, 01:19 PM)
Im not refering to the technical meaning of Bumiputera. Im refering to what PNB classifies as Bumi. For ASB for the groups above are entitled. But when u talk about property, the a different version of Bumiputera applies.
That is not the technical meaning but the definition of Bumiputra according to the Malaysian constitution. However, in PNB's version, it says that all orang asli are classified as Bumiputra too according to the Malaysian constitution which is not true.

And when you want to buy a property in the Peninsular and you're a Sabah or Sarawak Bumiputra with Chinese surname, you are definitely entitled to the Bumiputra discount and privileges and the property companies have no say in how to define one's status if he/she is a Bumiputra or not. Everyone will have to follow the Malaysian constitution. If you are denied your rights, you can make a big fuss of it and you are definitely going to win.

Just in case any of you are interested, if you're a Sabah Bumiputra and you have a Chinese surname or a full Chinese name in your birth cert and MyKad, the race written inside the MyKad chip should be Sino/Native.


QUOTE(cybermaster98 @ Nov 30 2010, 01:19 PM)
Thats why im asking for for the Bumi classification for the AHB ownership. Will it follow the ASB or a different criteria?
Not sure if they have a different definition of Bumiputra Malaysia but it should follow what is written in the Malaysian constitution.


MilesAndMore
post Nov 30 2010, 02:36 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cybermaster98 @ Nov 30 2010, 02:06 PM)
ASB classifies Portuguese and Siamese as Bumi to get ASB. Should be the same for AHB rite?
What ? Where did you get such information ? No. It doesn't. Did you not read the small picture i attached ? It says there clearly that the minorities such as Siamese, Portuguese, Eurasian, Serani and Mualaf are granted special permission by the prime minister to invest in all funds sold by PNB. However, none of these people are Malaysian Bumiputra and neither did ASNB classifies them as Bumiputra Malaysia.

So, yes. I believe it is the same for AHB and since Siamese, Portuguese etc. are not Bumiputra, then all these people are not eligible for AHB.

This post has been edited by MilesAndMore: Nov 30 2010, 02:37 PM
MilesAndMore
post Nov 30 2010, 02:50 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cybermaster98 @ Nov 30 2010, 02:41 PM)
Im not really bothered about who gets Bumi status. Im just asking that since people of Siamese or Portuguese descent do qualify for ASB, do they also qualify for AHB?
Mate, the answer is already there. Those said minorities can invest in ASB not because they are classified as Bumiputra by PNB but they have been given special permission by the Prime Minister to invest in ASB. Unless there is a small fine print saying small minorities have been given special permission for the subscription of AHB which is supposedly for Bumiputra only, the answer is a definite no.

This post has been edited by MilesAndMore: Nov 30 2010, 02:51 PM
MilesAndMore
post Dec 1 2010, 01:37 AM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cheahcw2003 @ Dec 1 2010, 01:15 AM)
So, are Siamese Bumiputra Malaysia or not ? Every sources seem to suggest different things and if my memory serves me correctly, there was no mention of Siamese as Bumiputra in Form 6 Pengajian AM. If they finally have decided to recognize the Siamese minority as Bumiputra Malaysia, it's probably time they change what they teach in school too wink.gif And since Siamese is Bumiputra, why PNB still categorize them as non-Bumi ? Especially in the case of ASW2020. So typical of Malaysia ... DOUBLE STANDARD !!!

Anyone of the Siamese descent bought a house recently ? Did you get the discount ?

MilesAndMore
post Dec 8 2010, 06:11 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(cybermaster98 @ Dec 8 2010, 01:54 PM)
I dont think so as there is no minimum guaranteed dividend.
There is no minimum guaranteed dividend for any of the ASNB funds either.

MilesAndMore
post Dec 9 2010, 12:53 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


Is this a fixed price fund à la ASB ?
MilesAndMore
post Dec 9 2010, 04:05 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(blahbleh @ Dec 9 2010, 01:17 PM)
Yes, RM1 per unit.
Thank you smile.gif
MilesAndMore
post Dec 12 2010, 08:02 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(Molotov Cocktail @ Dec 12 2010, 06:50 PM)
let get back to topic, i've read the prospectus, there is one section mention that this is not capital protected fund yet they said the unit price is fixed at rm1.00, can anybody explain more on it?
Same thing like ASB, ASW2020 etc.


 

Change to:
| Lo-Fi Version
0.0336sec    1.00    7 queries    GZIP Disabled
Time is now: 12th December 2025 - 02:34 PM