The TH Recovery and Restructuring Working Plan unveiled in Parliament recently reveal­ed a high concentration of deposits among a small segment, whereby 1.3% or a mere 117,000 of depositors contributed 50% of its deposits, including a single depositor who had more than RM190 million in the fund.

A business man told me,

He is a pig butcher. He pays 20k taxes a year for his pig business. Gov takes the money and bail out TH. Halal ke?

Total 5.75% right?

I wonder, will it be chain reaction, if depositors begin mass withdrawal, TH has to sell shareholdings to pay cash, resulting in KLSE mega sale?

Que sera sera...whatever will be will be...
what can they do?
 

does the Gomen need to fork out money for that?
has the previous "bailout" of about 4 billion really involved cash or just in paper?

So next 10 yrs under bailout - which means "hibah" for next 10yrs is expected to be under wrapped and under control by cabinet and not TH board of directors anymore.

So all TH depositors can expect - next 10 yrs with super low hibah period? 

Even if it goes to ASB, some people has said, even PNB can't keep up giving above 5% return rate.

Due to massive losses in Bursa since mid 2018 and even before that during low crude oil price period, which cause a lot of capital wiped out.

If Khazanah Nasional has to declare around 7B of losses for 2018, dont you guys think EPF, KWAP and PNB and other related institutions like TH are in the same boat? 
So EPF and PNB has been doing creative accounting also yeah  . With more than 5% returns for ASB1, ASB2, ASB3 and etc and also for EPF. Only Khazanah is transparent now.

EPF, PNB indeed making loss in the Malaysia share market, but actually it wasn't creative accounting that let them paid good dividend, it is related with the new accounting standard MFRS9 and the exemption given to them.

from tabung haji, can transfer to own bank account right? Via online

Other than asb1 where is the best place to save?

Asb2 n asb3

I tot asb1 limited to 250k?

Last november i asked they told me it was 250k, so i happily add in max 250k. Now its more than 260k.

Wow fresh deposits...