hehe thanks for correcting me...

My another concern on ASW is that it is solely invest in local listed company like :

TENAGA, TELEKOM, YTL, GAMUDA, MAYBANK, CIMB, RHB, PUBLIC BANK, YTL POWER, BAT, NESTLE ...

You may face the single country risk on INVESTMENT.

ASM new release 1b units on Monday. Wonder how long it will take to fully subscribe (public portion), 1? 2? 3days?

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Added on November 28, 2008, 8:30 amTrue, but their (those stocks) dividend yield still quite ok. new units actually riding on old unit who get the stock with price much lower
That's why it's call wawasan mah, if wawasan achieved, great, if wawasan so so, still ok, if wawasan failed, can go U-tapao...

This post has been edited by htt: Nov 28 2008, 08:31 AM

Amanah Saham offers one billion new units

PETALING JAYA: Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has announced the addition of one billion new units of Amanah Saham Malaysia (ASM) for subscription from Monday.

With the additional units, the fund size of ASM will increase to 7.2 billion units, according to a statement.

ASM, a fixed price unit trust fund opened to all Malaysians aged six months and above, has a maximum investment limit of 10,000 units per accountholder during the offer period from Dec 1 to Dec 7.

The maximum investment limit will be void after the offer period.

Meanwhile, the 490 million new units of Amanah Saham Wawasan 2020 under the non-bumiputra quota were fully subscribed when the additional units were opened for sale yesterday, ASNB said in a statement.

The units - taken up by 70,713 unitholders, comprising 27,479 new accountholders - were snapped up in six hours and 10 minutes.

URL: http://biz.thestar.com.my/news/story.asp?f...84&sec=business

If i don't have ASW2020 account ,so can i go to open at CIMB bank or need to go asnb/pnb??

CIMB MAYBANK OR RHB

If i don't have the ASW2020 passbook, i can open accont at CIMB and take passbook frm there correct??

I heard myfriend said for people that don't have account and 1st time to invest in ASW2020 must open at pnb/asnb....
Thanks!!!!!!!

This post has been edited by halena08: Nov 28 2008, 11:19 AM

Yeah. I opened a new ASW2020 acc at CIMB yesterday and I got my passbook there. However I'm not sure whether this is applicable throughout the year or only during offer period.

technically, it's throughout the year... but you cant open new account.. if the units are fully subscribed...

I need to register new account for ASM if i have account for ASW 2020 already???thanks...

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Added on November 28, 2008, 3:59 pmlet go ASMMMMMMMMMMMMMMMMMMMMMMmm

This post has been edited by arsenal: Nov 28 2008, 03:59 PM

ASM and ASW are two different account.

oh Thanks...Don't knw ASW2020 is still available or not??sigh!!!

finish oledi...

You didn't read this?

So for the bumi's is still up for grabs?

i think asw, bumi units always up for grabs.
MOST bumis tend to spend cash on cigarets and cars.
btw am a bumi.

Bumi??
They can put their money in their ASB anytime with higher return which average between 10 - 12 % annually

how much per unit actually for the ASM?? anyone know about that??

ASM and ASW return are almost the same.

10% - 12%?
where got that high.

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