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 Ultimate Discussion of ASNB (47457-V), Wholly owned subsidary of PNB (38218-X)

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nexona88
post Apr 29 2015, 05:00 PM

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from ASNB FB page icon_rolleyes.gif

ASNB kini menawarkan 10 tabung unit amanah:

1. Harga Tetap
ASB, ASB2, ASD, ASW 2020, ASM, AS1M
Pulangan : Agihan Pendapatan Tahunan
(unit ASM dan AS1M telah habis dilanggan)
(ASD dan ASW 2020 : Unit masih ada, Unit Bumiputera sahaja)

2. Harga Berubah
ASN, ASN2, ASN 3, ASG
Pulangan :
i. Agihan Pendapatan Tahunan
ii. Keuntungan modal (jika ada)
(Unit masih ada)
hyelbaine
post Apr 29 2015, 05:10 PM

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QUOTE(nexona88 @ Apr 29 2015, 05:00 PM)
from ASNB FB pageĀ  icon_rolleyes.gif

ASNB kini menawarkan 10 tabung unit amanah:

1. Harga Tetap
ASB, ASB2, ASD, ASW 2020, ASM, AS1M
Pulangan : Agihan Pendapatan Tahunan
(unit ASM dan AS1M telah habis dilanggan)
(ASD dan ASW 2020 : Unit masih ada, Unit Bumiputera sahaja)

2. Harga Berubah
ASN, ASN2, ASN 3, ASG
Pulangan :
i. Agihan Pendapatan Tahunan
ii. Keuntungan modal (jika ada)
(Unit masih ada)
*
I guess the "sale" of AS1M on the stupid rumor pertaining to 1MDB is over but fret not, knowing how gullible Malaysians are, there should be another AS1M "sale" around the corner for as long as the whole 1MDB is still left uncleared brows.gif

This post has been edited by hyelbaine: Apr 29 2015, 05:11 PM
prince_mk
post Apr 29 2015, 06:19 PM

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QUOTE(wil-i-am @ Apr 29 2015, 03:38 PM)
Did u sign-up?
*
yup. Service charge was rm100. smile.gif

How abt u

wil-i-am
post Apr 29 2015, 09:44 PM

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QUOTE(prince_mk @ Apr 29 2015, 06:19 PM)
yup. Service charge was rm100. smile.gif

How abt u
*
Plan to sign up tomorrow
nexona88
post Apr 30 2015, 01:37 PM

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last day for discount rate
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prince_mk
post May 5 2015, 10:02 AM

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Good morning

How s everybody after a long break?
cheahcw2003
post May 5 2015, 11:55 PM

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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.
nexona88
post May 6 2015, 12:01 PM

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QUOTE(cheahcw2003 @ May 5 2015, 11:55 PM)
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.
*
tis is bad news sad.gif I wonder why suddenly they came out with tis instruction? a lot of non-bumi went to HQ & open new account there, making staff do "extra" workload hmm.gif
prince_mk
post May 6 2015, 05:50 PM

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Lucky I had all d passbooks I need. I think they are jealous.
hyelbaine
post May 7 2015, 12:08 PM

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Looks like its TH and not PNB is the one that's more associated with 1MDB rather than ASNB's AS1M fund

A new deal for Malaysia
cheahcw2003
post May 7 2015, 10:28 PM

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QUOTE(hyelbaine @ May 7 2015, 12:08 PM)
Looks like its TH and not PNB is the one that's more associated with 1MDB rather than ASNB's AS1M fund

A new deal for Malaysia
*
TH suppose to be only involve in the HALAL business. Hmmmm rclxub.gif
TS[Ancient]-XinG-
post May 8 2015, 09:03 AM

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QUOTE(hyelbaine @ May 7 2015, 12:08 PM)
Looks like its TH and not PNB is the one that's more associated with 1MDB rather than ASNB's AS1M fund

A new deal for Malaysia
*
Th say ONI 1 piece. Still got another piece to go.

Actually what investment they make untill need to do this move. A huge investment company should have risk management rite....
nexona88
post May 8 2015, 01:00 PM

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1MDB made RM184 million from sweetheart deal with Tabung Haji
QUOTE
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.

http://www.themalaysianinsider.com/malaysi...g-haji-says-dap

shakehead.gif
hyelbaine
post May 8 2015, 04:31 PM

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QUOTE(nexona88 @ May 8 2015, 01:00 PM)
1MDB made RM184 million from sweetheart deal with Tabung Haji

http://www.themalaysianinsider.com/malaysi...g-haji-says-dap

shakehead.gif
*
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 doh.gif
nexona88
post May 8 2015, 04:39 PM

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QUOTE(hyelbaine @ May 8 2015, 04:31 PM)
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  doh.gif
*
Seriously I didn't know TH have so much "loophole" shocking.gif No wonder "they" ask TH not PNB or even EPF

I guess we all should be safe investing in AS1M & others ASx funds because of the SC regulations & trustee thingy rclxms.gif
TS[Ancient]-XinG-
post May 8 2015, 04:41 PM

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QUOTE(nexona88 @ May 8 2015, 04:39 PM)
Seriously I didn't know TH have so much "loophole" shocking.gif No wonder "they" ask TH not PNB or even EPF

I guess we all should be safe investing in AS1M & others ASx funds because of the SC regulations & trustee thingy  rclxms.gif
*
Those think pnb not save can bagi laluan for me. Haha

And bursa drop alot. Reaching 1.7k. Sien.
nexona88
post May 8 2015, 04:49 PM

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QUOTE(Ancient-XinG- @ May 8 2015, 04:41 PM)
Those think pnb not save can bagi laluan for me. Haha

And bursa drop alot. Reaching 1.7k. Sien.
*
how to help.. even PNB HQ already gave out instruction not to open new account.. later even top-up also cannot cry.gif

btw bursa still going strong.. 1.8k level (supported by local funds tongue.gif )

This post has been edited by nexona88: May 8 2015, 04:49 PM
hyelbaine
post May 8 2015, 05:02 PM

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QUOTE(nexona88 @ May 8 2015, 04:39 PM)
Seriously I didn't know TH have so much "loophole" shocking.gif No wonder "they" ask TH not PNB or even EPF

*
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 brows.gif
nexona88
post May 8 2015, 05:13 PM

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QUOTE(hyelbaine @ May 8 2015, 05:02 PM)
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  brows.gif
*
wat to do.. nothing related to ASx fund to post...

all issue already clear out.. new account opening, top-up & "unhelpful" staff yawn.gif
TS[Ancient]-XinG-
post May 8 2015, 05:23 PM

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QUOTE(hyelbaine @ May 8 2015, 05:02 PM)
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  brows.gif
*
brows.gif
Stable fund is like that de ma. Hahaha.

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