new passbook don't have tis leh..

all my ASx passbook don't have it

loopholes. anyway that's the worst case scenario la. like u all said, probably nothing

Take note tat passbook (e.g. if no transaction for 10 yrs) is static whereas Prospectus is issue every year

Then only alexanderclz can sell 4 times/year. But not for us.

lol. fortunately, i'm not that old. my passbook doesn't have that clause.

Ooops sorry, 2.6b apologies. It should be smartinvestor01.

My account is a new one.. So the passbook should be the new one.. i guess..

Hi,... no such clause in my passbook. Good to highlight if you see something untoward anywhere. Tq.

On the other hand, I saw the following Clause 8 in the red-colored ASW2020 Passbook, on the page titled : MAKLUMAN.

8. ASNB mempunyai hak untuk menambah, memansuh atau meminda sebarang syarat-syarat dan peraturan-peraturan urus niaga pada bila-bila masa tertakluk kepada peraturan yang ditetapkan oleh Suruhanjaya Sekuriti dan/atau di dalam surat ikatan.

And I saw the following Clause 6 in the new golden-colored ASM Passbook, on the page titled : MAKLUMAN.

6, Pihak ASNB berhak menambah, memansuh atau meminda sebarang syarat-syarat dari semasa ke semasa.

Conclusion : they have the right to enforce changes, based on or not on the Securities Commission directives. What does the MP say ?

which year u open the account / got the passbook?

should be the same thing..

ASNB have the right to change or modified anything deem fit for the fund pending approval from SC & trustee

Standard clause in almost everywhere to facilitate changes if require

Not exactly, for the new golden-colored ASM Passbook, there is no mention of waiting for directives from the SC. But I believed it does not make any difference if ASNB intends to initiate any change. SC will just follow,... perhaps some check-and-balance a bit on the inside, that's about it.

Certainly,.. a weapon that can be used when times are bad.

Hahaha... actually just now..

It takes about 20 minutes of my time and at last, i managed to open it using RM100 as my initial deposit..

Yes, anyway, i am quite used to this clause already as it is always used in other items, products or services as well..

So i still treat it as normal..

hmmm either the new book which will be a concern or ... stock from 20 years ago. lol

Not sure, but it sure looks quite new to me..

I was actually thinking about transferring some portion of my funds from AS1M to ASW2020 but then again, when i revisit the information of ASW2020, the LHDN income tax exemption was in 2016, same with ASM.. So I halt my decision first..

AS1M is at least granted with the exemption until 2018..

I'm just wondering, will the funds in my ASW 2020 be gone just like that?
Or transferred away without my knowledge?
I'm just nervous about tomorrow when i go to the office and check

This is channel for ASX , I guess better to go thru by pm ? Ok?

How many years already the ASW2020 passbook is not updated or withdrawn?

I am not sure whether the monies will be transferred to Unclaimed Monies or not..