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 AS1M, ASB, ASW,ASM,ASG,ASD

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aeiou228
post Aug 4 2009, 08:46 AM

Look at all my stars!!
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QUOTE(jphlau @ Aug 3 2009, 09:57 PM)
I think the capital is guaranteed. The newspaper only stated the returns are not gauranteed.

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In the event the quoted price falls below RM1 par value, I can bring the local Sarawak newspaper as proof of capital guarantee to PNB for compensation........Yeah.... rclxm9.gif rclxms.gif thumbup.gif sweat.gif
aeiou228
post Aug 5 2009, 10:01 PM

Look at all my stars!!
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QUOTE(cheahcw2003 @ Aug 5 2009, 08:46 PM)
Actually it is not a rumour, it is only an estimation as indicated by PNB's chairman

"According to PNB president and group chief executive officer Tan Sri Hamad Kamarul Piah Che Othman, AS1M will be benchmarked against the Malaysian Government Securities average 5-year yield which is currently between 3.7 and 4 per cent.

"Of course we target to do better," he told reporters this morning"


the above is in The Malaysia Insider Link, u can also check the link as follows:

http://www.themalaysianinsider.com/index.p...able-from-aug-5
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Because of this statement, people knowingly or unknowingly twisted and summarized the said statement to simply laymen term "AS1M gives 4%". The key words "bench marked against" got dropped out as words spreading out.

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