No, they do not. Even though bankers' cheque is issued by banks,
clearance is needed. By the time the cheque is cleared, units will be sold out.

---

Added on July 18, 2009, 11:29 pm1) extra units will be added to your account on 1st april every year as long
as you are still holding the units.
This year, on 1 april 2009 it was 6.25%p.a. e.g. if you have
1,000 units, you will receive another 62.5 units. Since 1 unit = RM1
that means RM62.50.

2) Update your account book at any Maybank, RHB or CIMB Bank.
No, not possible to check online.
U can sell back whenever you want. Go to
any Maybank, RHB or CIMB Bank and fill up 'Jualan balik' form.


This post has been edited by Phoenix claws: Jul 18 2009, 11:29 PM

As far as I know, ASNB only accept cheuqe in the
name of Amanah Saham Nasional Berhad. Why
dont you call. PNB tel no: 2057 3000 or 2057 3111

You can ask the bank to cancell this cheque and
issue another one. However you will have to pay
bank charges all over again. Good Luck!

OK thank you for the clarification and helpful info.

Regarding the 1st q., the form gives u an option to pick whether
you want your investment to be recorded in a ' buku' or a 'sijil'.
Most ppl prefer 'buku' (savings book form)

I just opened new ASM account at PNB today. I was asked to give a photostat copy of my IC. Anyone of you asked to give your IC?

oh dear, i did not 'cross' my IC ! The ppl I asked did not bring photostate IC so did not give.
I thought I was a 'victim'

I agree. Anyway financial gurus have always predicted the martket wrongly
and most ppl are always 'caught', losing their money most of the time. There is
no sure 'gain' in the stock market not even blue chips.

R u sure?

August 05, 2009 13:39 PM

Good Response For AS1M Units


KUALA LUMPUR, Aug 5 (Bernama) -- The sale of Amanah Saham 1Malaysia (AS 1Malaysia) shares got off to an Overwhelming start on Wednesday.

As Permodalan Nasional Bhd (PNB) in Jalan Tun Razak here opened its doors for business at 8am, more than 250 people were already lining up to subscribe to the 10 billion shares on offer to Malaysians.

PNB chief executive officer Tan Sri Hamad Kama Piah Che Othman described the initial response as a good beginning.

"You can see the (crowd)...See for yourself but what's more important is the acceptance. We must make sure the opportunity is given to everybody," he told reporters at the launch.

This is the first time the PNB, the country's largest fund manager, handling funds totalling more than RM19.2 billion, has allocated 50 per cent of the shares for Bumiputeras, Chinese (30 per cent), Indians (15 per cent) and the remaining five per cent to other minority ethnic groups.

The quota-based share subscription is fixed for 30 days until Sept 3. Thereafter, the unsold units will be opened to all races.

-- BERNAMA