Is it the one near chicken rice shop there?

Speaking of the new format passbook that you all are mentioning, is ASW also being enforced? If yes, I think I got the old version, did not show any NAV column   

So after that, we have to pay tax or it will be automatic deducted?

As for withdrawal form EPF, if you do it this morning, you will get it credited to your bank account by tomorrow evening and you need to be there for only about 15 minutes. They are very efficient and rumours of them trying to defer your withdrawal is all nuts.

You mean your dividend in ASM was deducted before?
When was it?

ASM got taxed? Kinda contradict with the above  I'm about to go MBB to open ASM weh 

Thanks for the information.. I am still not investing with ASM yet during that time..

I planned to go to the Post Office to get a form for ASW2020 Opening Account first, fill it up, then in future, just bring RM100 with me to try open the account.. ^^

But I am expecting many rejection here in Kuching.. Haha... ^^

Ah ok, trying to open ASM now, but they requested me to fill different form from ASW 

One of our forumer manage to topup as1m via M2U. So that means not restricted to bumi only right? As long as one have as1m book, one can topup via M2U. Am I right?

Successfully opened new ASM account for myself and my partner too manage to open new ASW, all done at Islamic MBB Rampai Business Park        just keep trying guys 

Maybank - KLIA2, Bdr Bkt Tinggi 1, Klang Town, D'sara Uptown, KL Sentral,  Cheng & Graha Peladang (Melaka), Rampai Biz Park, Karak
ASNB - Melaka
PosMalaysia -  Shah Alam, Triang
CIMB - Bangi

But unable to open any new account, the teller advise me go to PNB shah alam to try.

Maybe his location is not within the specified area like me.. 

Sorry I have to raise this.   

The 1 week break is for the dividend calculations and updating all the accounts, right?

Assume they have 100,000 unit holders, calculations will involve steps like these:
* calculate the dividend for month X using the minimum balance in that month
* repeat for the other 11 months
* sum up the monthly dividends
* add the yearly dividends to the balance

Number of steps = 12+1+1= 14

Round it off to 20 steps per account.

Then total = 20 * 100,000 = 2 million steps.

Using the old 1954 IBM 650 computer at 0.06 kIPS (0.06 kilo instructions per second), it will take it 2,000,000/60=33,333 seconds = 555.5 mins = 8.3 hours to complete the calculations and updating.

Even an OLD computer takes only 8 hrs to do the job. Why 7 days?
Using Intel Core i5 (83,000 MIPS), that should only take 2 million/83,000 million = 0.00002 second!
For the IT friends out there, hold your horses, yes, reading data from and writing data to memory are slower than just memory calcs. So, I am not comparing apple with apple. Ha.

Cheerio.

Is this the reason after 4pm , person who want open new account normally are rejected??

But asnb office business hour until 5pm right?

This thing needs accountant to verify , chairman to sign , speech to prepare to press, admin works, paperwork discussion on the final dividends , justifications, projection of sales  - all need time

That day I went to cheng branch , the asn counter after done all of my business regarding asnb , she ask me go counter 10 to understand more about close end fund (unit trust).

Looks attractive with 4.5-5 % minimum , lock off period 3 years , once maturity , can take all ur interest plus principal amount. I am considering it.

Don't forget need to get approval from board of trustees too. Board of trustee's approval for any income distribution is also needed on top of the board of director's approval if I'm not mistaken.

Last month they intro me uob target income fund