you are right. MBB also said no, cant open account, later cant get any unit, very difficult to reverse account.
Fact is there were so many units of ASM and AS1m available just now. Finished all my cash in hand, still got some more! sigh....they just  dont want to open new account...i said RM100 sure can get, they are just not willing..

Went to ASNB this afternoon.

Wanted to open ASX for my daughter and could not as I brought only the photocopy of her BC. Need the original. The last few times when I tried at PM & ASNB, they did not say they need the original BC, just that no units were available then.

For those wanting to open new account for their kids, bring along the original BC.

Lost count how many times I have tried to open the account for my daughter now!!!!!!

ASX is overvalued now. The big banks are propping it up like crazy.

CONGRATULATIONS on your catch!

Tak ada AS1M? Rumour dying down?

Cheerio.

Tried open AS1M acc for my kids at ASNB ysterday,  told "all full", not related to units availability.

Spoke to the manager, she said will call me when 'available' . Apparently there is a quota for new account opening, eg a Br is given 200 new accounts, once taken up, have to wait for next quota fr HQ. True kah?

I believe that it's because ASNB can never pull the same crowd if MSAM was done in KL is the reason why it will always be held outside of KL. I read in the newspaper today that this year's MSAM drew more than 300k visitors and believe me, Sibu on its own isn't that large in terms of population.

Maybe some of our patriot Sarawakians went there multiple times?

Why?

To learn how to make more money. Once is never enough mah. Ha.

Incidentally, with about 200k visitors and each with a goodie bag, assuming each is worth RM10, that is RM2 million in PNB cost. Not counting the draw grand prizes.

Expensive to have this annual show in my view.

Anyone with luck today??

today visited the red color bank, and was told that they received the instruction from ASNB not to open new account for ASM, AS1M, ASW for Non-bumi because all units are sold. But the agent banks have their own discretion whether to allow top up for existing accounts for non-bumi account holders.

LTH overpaid 1MDB by at least RM500 psf for the 0.63ha it allegedly purchased.

It must be noted that RM2,773 psf is still a very high price for LTH to pay, considering 1MDB bought the land for a mere RM64 psf four years ago in 2011.

In fact, LTH’s own internal risk assessment report revealed that comparable transactions in the vicinity saw land being sold for between RM649.49 psf and RM2,266.85 psf.

At RM2,773 psf, LTH has paid at least RM500 psf more than other comparable recent transactions. This sweetheart deal has effectively allowed 1MDB to rake in a profit of RM184 million by acting as nothing more than a land broker.

To be honest, it's not really that surprising. TH is not under BNM's CMSA law and neither are they under SC's regulations. Unlike other unit trust companies they're not governed by the same rules such as having all deposits/assets named under a trustee on behalf of depositors.

They're not required to provide annual statements and financial reports to depositors because they're not under SC/FIMM. Depositors at TH have no rights unlike unit trust investors who can request for EGM in the event the quota is met.

TH depositors can scream all they want yet they do not have the same rights as a unit trust investor has. End of story 

Those think pnb not save can bagi laluan for me. Haha

And bursa drop alot. Reaching 1.7k. Sien.

TH has its own "act". They're answerable to no regulators other than a cabinet minister. Same goes for KWAP and LTAT. That's why you'll never see an annual report of their fund, their investment mandate, heck depositors don't even get an annual statement never mind an annual report.

Actually EPF is the same but they are lot more transparent in their dealings and they do disclose their financial statements to the public. EPF voluntarily submit to regulators such as BNM and SC.

ps: Enough of TH later too much OT kena marah liauw 

Wah... U so nice also la...
6.5.15 ad past only u post here. Omfg. Why u so nice 1....

I hope you are right.

Time to crack the solid egg so that my daughter can get her ASX account. Ha.

I was told that we need to replace our old ASM book .. Is it true?