I wouldn't touch anything that is associated with 1MDB with a 10 foot pole and I hope that those in power at EPF and ASNB where we save for our future has the same mentality

I second that with a 10 km pole! Ha.

Don't be surprised that if 1MDB IPO is succeffully launched, you may see 1MDB shares as part of the portfolio of PNB in your annual statement/annual report booklet!

Fml.

Well so far PNB has stayed away from anything like 1MDB or EKUINAS or whatever else that our dear Najib has come up with during he tenure. Hopefully it stays that way

got 1k ASW2020 today. I think there more unit available, but I not enuf $$. Juz Ikan bilis unitholder

This post has been edited by nexona88: Mar 13 2015, 10:06 PM

EPF, KWAP, TH & LTAT too would invest in 1MDB IPO

ASB became new major shareholder of Ytlpowr

Can try luck via maybank2u? Or all the transaction must do via agent banks?

Read page 1

NO NO NO NO NO NO NO NO NO NO NO

Do I feed enough?

Ha ha.

It is like

food is on the table but waiting for others to help to put the food in the mouth!

No offence intended with the above remark.

Hopefully no. Though energy is one of my favourite investment sectors but I prefer to stay away with a 10 km pole.

From Malaysiakini

" 'Use EPF for 1MDB IPO and we'll file injunction'
PKR vows to push for a court injunction if the government attempts to get state agencies to buy into 1Malaysia Development Berhad (1MDB)'s Initial Public Offering (IPO) for its energy arm."

This 1MDB is becoming a big can of rotten worms, more and more nasty surprises surfacing.

Was at the ASNB KL main branch today to deposit some cash into ASG before GST comes into force. Saw a Chinese investor withdraw from AS1M (based on the yellow book). Heard that she's worried about 1MDB (I was laughing inside) when queried by the teller. I could see the teller was trying hard to keep a straight face.

No sooner that she left the next Chinese guy who came to the teller tried to deposit into ASM but failed. I guess he saw the lady before him close her account he tried asking if AS1M was available.

Lo and behold there where units available and then he proceeded to just put stacks upon stacks of RM100 bills while filling up the account opening form. My rough calculations based on what I can see, he managed to get at least RM10k in AS1M.

Moral of the story: Your best bet to get fixed price looks to be AS1M. Take advantage of people who listen to rumors rather than doing proper research (like reading the annual report). Some people never learned the lesson of those who listen to rumors when AS1M was first launched and are regretting their choice.

ps: I took a long time because I had to change passbook and also empty my piggy bank which was already full

Well said.

Many people still believe on rumours than facts..

AS1M and 1MDB are not related, common denominator is just the name 1M.

But a worrying thought at the back of my mind now.

Later, ASX may be forced to get into 1MDB IPO to rescue this big can of rotten worms. PKR side says they will stop it if ASNB or EPF gets into the IPO. May the force be with you!

Even if this 1MDB may later deliver 10-30% return pa, I do not want it. Period.

This post has been edited by plumberly: Mar 16 2015, 03:31 PM

well I also kinda worried ASx funds invest in 1MDB IPO, but I guess the fund may invest max 10% of total NAV only

reading the AR booklet, I saw that most "big" investment (each listed companies) is around 5% - 8% of the fund total NAV. So the 10% I stated is logical even if the fund "forced" to invest

on side note, some pipu didn't learn the mistake done from the AS1M 2009.. for those noobie who donno, when AS1M was launched, there was tis rumors tat the fund may only give 4% return well as u can see now, the fund give 6% not 4% like rumors stated

NOW THE BEST TIME FOR NON-BUMI TO GET SOME UNITS OR OPEN NEW AS1M ACCOUNT

This post has been edited by nexona88: Mar 16 2015, 04:45 PM

Apa machiam asg link to gst. Why need to tax also ka?

Typical case of buying on facts, and selling on rumours

Service charges is subject to 6% GST