hmmm, means ASW can sell 22 bil units but at the moment only choose to sell 17-18 bil? and the rest is for future dividend reinvestment as per nexona? or there are actually 4-5 bil units unsold?

I have ASW2020 passbook with me now..

But in the rules stated in the passbook, there is one clause that i am not so sure:-

''Jualan balik tertakluk kepada empat kali setahun'' means I can only withdraw the funds 4 times per annum, this is confirm, is it?

but it's kinda scary cus it's stated in the passbook. should anything happen, asnb can just refer back to his passbook.

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

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 ?

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..

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

Don't la like that, I'm just asking only,
It's my first time going to collect funds from a very very old account
I didn't realize it until my parents remind me yesterday

Is it possible to write a letter of authorization and allow someone to withdraw on my behalf? Of cause with fingerprint beforehand.

I thought can. So in case they really change to VP, at least my mother is able to withdraw all out.

Opened an ASW acc at kl central maybank. LOL.
btw, KLCI back to 1600 pts.

Now got chance also no use, running out of bullets..

Haiz... capital is just too limited..

What i scared it if ASW2020 exemption is not extended, difficult for me to return the money back to AS1M (tax exemption till 2018) again in future..

Unlike asb , it is exactly like saving , those ASX are invest which may lost principal / capital.

today...just to test ..test.
Above scenario repeat itself. Then I go next door.
So 'ngam"  meh ?? ...managed to get 32k W2020 & 8k A1SM.
Cashier said - kalau mau ASM, ada banyak unit.

According to MP , ASX may lost its capital if they didn't make money.