Can Buy at Pos Malaysia, Maybank, CIMB, RHB & ASNB branch.

Currrently all those fixed price fund already sold out (non-bumi), Bumi quota still available.

http://www.asnb.com.my/

im non bumi. Meaning I cant buy already?

U can buy those variable pricing

TAKEN from FreeMT:
PNB chairman Ahmad Sarji Abdul Hamid said in his speech at the announcement of the income distribution that as of Sept 16, 2013, AS1M has recorded a gross income of RM723.93 million, with profit from sale of shares accounting for RM405.99 million or 56.1% while RM128.15 million or 17.7% was derived from investments in short-term instruments and other income.

“Based on the reserve, we could pay more than eight sen per unit and right now, after the payout, we still have RM150 million yet to be distributed,” said Hamad Kama Piah in response to a question about the amount of reserve kept aside from AS1M earnings.

Declaration of AS1M dividend in Bahasa version

http://www.asnb.com.my/news/AS1M2013_BM.pdf

ASN3 & ASG - ANYTIME (if suspended for dividend calculation, cannot buy) - Variable price fund

ASW2020, ASM & AS1M - NO chance now (for non-bumi only) - Fixed price fund

the rm150mil as "back-up" to next year (if the fund make less money). This is why asnb fund always pay "good" dividend even when the market not so good

ASNB c/f more than 1.3 cents to Yr 2014
To maintain dividend of 6.7 cents in Yr 2014, they need to earn at least 5.4 cents from 1/10/2013 to 30/9/2014

lol looks like estimation is correct again.

yes, you can, but only with the variable priced.

but, do understand every aspect of it b4 u proceed

Wonder what is the accumulated reserve from the previous 3 years.

According to the last year annual report, the amount is rm 146,875,013
(PAGE 28, Number 10 - Keutungan Belum Diagihkan)

http://www.asnb.com.my/Laporan%20AS1M%2030%20Sept%202012.pdf

This post has been edited by davinz18: Sep 19 2013, 01:35 PM

So total accumulated reserve would be RM 300mil.

I don't think so. The rm146mil would be included to this year income. After income distribution, still left rm150mil which to be carried forward to next year.

U r rite

RM2b of AS1M not taken up by Bumiputera

About half of the RM5 billion bumiputera allocations have not been taken up in the Amanah Saham 1Malaysia (AS1M) share trust units despite Permodalan Nasional Bhd (PNB) declaring a record 6.7 sen income distribution for AS1M for the financial year ended Sept 30, 2013.

The amount not taken up stood at RM2 billion, translating a take-up rate of only 60% for the bumiputera portion for AS1M.

“About RM2 billion of the bumiputera quota has not been subscribed,” PNB group chief executive officer and president Hamad Kama Piah Che Othman told reporters in Kuala Lumpur yesterday, adding that all the non Bumiputera portions for AS1M have been subscribed.

2 billion!

that's RM134 million in dividend if i can takeup all 2 billions if i had that much money

Yup. AS1M no limit, so few million also can deposit

not all bumi ada $$ mau beli lor.. at 1st i asked my wife to open the acct, then later found out that i also can open asb..
so my wife AS1M now sleeping with RM100 inside. already offer to my parents but they yet to reply.

Any possibility they open RM2 bil to non Bumi?