As expected..

702 in Miri sign up for SARA 1Malaysia aid worth RM3.51m

Up to September 18, some 78,638 Malaysians have participated in the SARA 1Malaysia scheme, including 8,763 from Sarawak.

Participants of SARA 1Malaysia are required to make a minimum monthly commitment of RM84 for a 60-month period, or five years.

Simultaneously, participants will receive a monthly incentive of RM134 in the form of additional AS 1Malaysia units, credited to their respective accounts for the duration of the 60 months.

According to PNB, application for SARA 1Malaysia will remain open until December 31, subject to the availability of the AS 1Malaysia units for subscription

The terms and conditions of the scheme include not having been declared a bankrupt; not a beneficiary of other government schemes managed by ASNB, such as the Hardcore Poor Housing Project, the ASB Sejahtera and the ASW2020-Bandar; as well as having a total investment of not more than RM10,000 in unit trusts managed by ASNB.

PNB declares 6.6 sen income distribution for AS1M

Permodalan Nasional Bhd (PNB) has announced an income distribution of RM664.22 million for the financial year ending Sept 30, 2014 to 376,631 unitholders of Amanah Saham 1Malaysia (AS1M).

The income distribution, at 6.60 sen per unit, was 13% higher than the previous year.

PNB chairman Tun Ahmad Sarji Abdul Hamid said up to Sept 22, 2014, the AS1M fund achieved a gross income of RM787.23mil, with profit from sale of shares in companies contributing a total of RM436.89mil or 55.5%.

"Dividend income from investment in companies contributed RM231.45mil or 29.4% to the gross income," he told the media when announcing the income distribution for AS1M on Wednesday.

He added that some RM118.89mil or 15.1% was derived from investment in short-term instruments and other incomes.
Meanwhile, PNB president and group chief executive Tan Sri Hamad Kama Piah Che Othman said the group had the capacity to distribute income at 8.40 sen a unit.

"However, the management has agreed to distribute the income at 6.60 sen a unit to ensure continuous returns to AS1M unitholders," he told a press conference.



This post has been edited by nexona88: Sep 24 2014, 04:36 PM

Do you completely understand the story of these two? Better read it and know how its work. Don't keep whining like those aunty and uncle after seeing the value in hand is much more lesser than what you paid ....

what is that? u need to pay extra for loans like housing?

The income distribution, at 6.60 sen per unit, was 13% higher than the previous year?
last year 6.7

2013 - RM587.77 million (365,355 unitholder, 9.28 bilion unit)
2014 - RM664.22 million (376,631 unitholder, 10.22 bilion unit)

From ASNB announcement, they didn't specify how many units was subscribed by 376,631 holders

http://www.hmetro.com.my/articles/Agihanpe...rticle?mutakhir

hey guys, do u all have more info on SARA1 Malaysia? is it available for non bumis? Thanks

Tis scheme is open to every M'sian who meet d requirements

yup open to non-bumi.

The terms and conditions of the scheme include
1.not having been declared a bankrupt;
2.not a beneficiary of other government schemes managed by ASNB, such as the Hardcore Poor Housing Project, the ASB Sejahtera and the ASW2020-Bandar;
3. as well as having a total investment of not more than RM10,000 in unit trusts managed by ASNB.

http://www.sara1malaysia.com.my/n_index.php

AS1M fund size increased by 318 mil units via new subscription -v- 810 mil units last yr
Tis show tat Bumi not tat keen in AS1M as compared to ASB2

Housing loans, personal loans, ASB loans, etc2... Basically anything with a variable interest/financing rate will require margin call(s) whenever the OPR goes up. Margin call in its easiest explanation is topping up the balance due to the bank when the instalment amount increases due to rising interest rates. Normally the bank will advise you on the amount difference and you either have the option to either pay the new instalment amount or extend the tenure of your loan should you wish to stick with the previous instalment amount.

THE SIZE INCREASE DUE TO DIVIDEND REINVESTMENT

NEVER HIGH>>>TIME TO RELOOK INTO PORTFOLIO. BETTER THAN FD NO DOUBT BUT HOLDING SOME CASH NOT GIVE BACK IS NOT GOOD FUNDS>>>>>>GOING TO TRX AH?

Nope as d figure relates to Actual cash received for new units

Funny how arm-chair-keyboard-warrior-economic-experts so easily comment on something without knowing what they're doing. Sekali dapat reply lagi panjang than that's what you get for trying to show the world how smart you are

I WANT MY DIVIDEND NOW AND NOT KEEP FOR TOMORROW!
MONEY TODAY IS BETTER THAN TOMORROW

U should sell fixed price n buy variable price as it track actual NAV