EPF is not enough. They will put their hands in PNB jar.

Lets see how the bursa react in the coming 10 business day!!

In fact, Valuecap owned by PNB, KWAP n Khazanah

Y

Don't pull out all YET. Perhaps just half, halve your risk first. Observe the 20B's performance....

If the funds hav been sent out, I wouldn't want to bring them back anymore.

As dreamer put it, my EPF in this country is already exposed to this country, hence, it's good to diversify outside of the country after the EPF.

u mean got "small" hope

Finally u confessed yo strategy

Can never be sure, but there is still time to withdraw ALL if we wished to. I'll wait for the budget ann't first, and if the Gov't does not have concreteplans from the budget without using more of PNB money, by then we can always decide to pullout all. Prior to the above, we can wait to see if the 20B pumped into the KLCI will really yield results.

Earn more dividend while you can, pull out all when all hopes are deemed lost, and before time's up.

This post has been edited by Hansel: Sep 15 2015, 07:55 AM

Well, I did say earlier that I have not redeemed all yet.

This mkt is really hard to play today.

I suppose RM20 bil won't last long as it didn't address the root cause of the problems

Agreed. Then it comes down to the budget only, to see if there are anymore 'rabbits' in the hat.

When is the budget announcement?

23/10 (tbc)

I just to update here on my inquiries on the income tax exemption to ASNB.. Here is their reply..

Dear Sir,

Your email on below matter refers.

Kindly be inform that any further income tax exemption will have to be re-applied and approved by the LHDN.

For more information on ASNB products and services, please visit our website at www.asnb.com.my or contact us at 03-2057 3000.

Thank you.

This means that the income tax exemption for ASM and ASW2020 would be reapplied next year and to be subjected to the approval of LHDN..

As such, I believe that we could only identified the approval of the income tax exemption in maybe the next publication of Master Prospectus 2016/2017..

Yea. We know that the MP of 16 17 is freaking damn important now.

FP
TAX

okay. now I know it's not auto renew like many thought.. every time need to apply & get approved by LHDN

The current master prospectus is dated 30 June 2015 and expires in 29 June 2016..

Looks like its still quite sometime for us to wait before the new prospectus 2016/2017 would be uploaded or printed.. ^^

well, they are all inter-related

Yape, based on what their reply previously stating that the fixed price funds involved national interest..

Just that, always plan for the worse just in case, the approval was not granted by LHDN.. So if its granted for the exemption, it would be a bonus..

Being exempted, LHDN have to forgo a lot of taxes that could not be collected once the exemption is approved..

Taking into the consideration that the nation might need higher reserve, i think it is better to be neutral (not to be too confident).. Just play safe..