i've been reading this thread.
some say asb limit is 200k
some say its 500k

anybody can prove its 200k or 500k?

so yes as in 500k we assume..eh? sole account or combination you and your mom.. with 500k altogether? confused lol

BUT, if u have dividend accumulated, you money in ASB can be more than 200k.

not true.. it will calculate for ALL the unit you have. not only 200k

Actually it is possible for u to have ur 200k limit increase.It happen to me..My maximum investment limit is 230k.I

personally went n check few months back..

can anybody fill in the blanks...
as a bumi, i can just go out and buy ASB as long as I have not exceeded my limit of 200,000.
I mean I know I cannot go out and just buy Amanah Saham Malaysia (ASM).
You have to wait till somebody sells, then you can buy.

i can see there are two categories
(a) you can buy as much as you want, but limited to a certain amount (asb, limit 200k), can never be sold out, can only be maxed out.
(b) you cannot buy if its sold out (ASM).

By the way, is there anyone come from sabah.
I heard that sabahan(kadazan) need to redo the a cert which to confirm yourself is a bumiputra, anyone know where is the actual place to do it? I heard its Pejabat Fued Steven, but, not really sure the place.
Can anyone help?
Anyone got the infor, pls email :vivi_fyv@hotmail.com

there are still much dispute whether the government want to recognize sino-kadazan as bumiputra or not. but if you are pure kadazan, no need to redo cert la, they are pure "bumiputra", like the red indians in the state, even purer than Malay.

hi vivien, your a sino too?

if my money in asb is 200k and i got bonus 20k so its equal to 220k, for next year, my bonus ( make its 10%) is calculate from 200k or 220k?

lol...you guys still haven't settle it? so how? 200k or 220k?

so you got 200k max in your asb?

so what do you with the dividend? leave it there or put into another asb account?

So you mean no matter how much we have above 200K in our ASB, we will still get the dividend based on the announced percentage on a maximum of 200K ONLY ?

i have a friend who works for PNB.

just think for a while,if it is really compunding after reaching 200k,why in the world they put a limit of rm200k then.

just my 2cents.

@ttwangsa

what is the reason for having that limit then?or have u already tried investing 200k in ASB for at least 2 years?

MilesAndMore,

you sure?
it says on item 2 of your statement 2007
JUMLAH PEGANGAN = (number greater than 200,000)

and on item number 3
PENGAGIHAN PENDAPATAN EXACTLY (16,000) ?

you had minimum, 200k+ through the whole 2007
and the dividend they paid you was exactly 16k?
you should complain.

I don't have RM 2xx,xxx in ASB,
but that's what i've been told.

its compounded
for example
if you have RM 350,000.00 in 1 january 2007,
and never withdraw, till 31 dec 2007,
you get 22,400.00 in dividend,
and depending on how long you have been saving,
you get your bonus.

the 200k limit imposed is so that you cannot add more cash
once it reaches 200k
so
if you have RM 350,000.00 in 1 january 2007,
you cannot put in more cash
maximum it can go is
22,400.00 in dividend.

MilesAndMore,

you sure?
it says on item 2 of your statement 2007
JUMLAH PEGANGAN = (number greater than 200,000)

and on item number 3
PENGAGIHAN PENDAPATAN EXACTLY (16,000) ?

you had minimum, 200k+ through the whole 2007
and the dividend they paid you was exactly 16k?
you should complain.

I don't have RM 2xx,xxx in ASB,
but that's what i've been told.

its compounded
for example
if you have RM 350,000.00 in 1 january 2007,
and never withdraw, till 31 dec 2007,
you get 22,400.00 in dividend,
and depending on how long you have been saving,
you get your bonus.

the 200k limit imposed is so that you cannot add more cash
once it reaches 200k
so
if you have RM 350,000.00 in 1 january 2007,
you cannot put in more cash
maximum it can go is
22,400.00 in dividend.

Anyone has received the ASW cheque for this year? The dividen already declared but i have yet to reveive any cheque? Why so late?

ASM is capital guaranteed too

For ASB if you are bumi you can put in anytime no limitation.

Whereas ASW and ASM you need to wait for unitholder to withdraw then you can buy in.

I know people have zeroed out the non-Bumi quota long ago but how about the Bumi quota ? The fund is 51% reserved for non-Bumi and if i'm not mistaken, that one hasn't sold out right ?

what a news I just got, I ask my sister to ask PNB about whether sino kadazan can open or not, surprisingly they told as longs as its ISLAM then can open, even though my father is a pure chinese, but he converted to muslim coz married to my mom, he also can open.

islam = get bumi status?

limit for ASB is 200K but you can increase it to 500K, must write a letter with good reason, then can increase to 500K.

NOOB question.......

i went to the bank today...purposely to increase my saving in ASB acct..but suddenly..the bankers ask me..why dont you do ASB loan?...she said it is better to do loan rather than save ur own money..

so..wwhich one better?..asb loan?or no loan..just save...

thx in adv from me....

this is the second time i saw you posting this pic within few replies..
   

If you are capable of building your EPF up to 5-6 mil, you probably don't care too much about ASB profits anymore

when will ASW 2020 release units for non-bumi again?

I checked with their dept, they said bumi still got a lot of units, but non-bumi already finish. haih...

yes. no doubt