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

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Ramjade
post May 18 2015, 03:34 PM

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Where did you open?

Maybank, cimb, asnb?
nexona88
post May 18 2015, 04:02 PM

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QUOTE(plumberly @ May 18 2015, 03:27 PM)
Finally, finally, finally!!!

I managed to open AS1M account for my daughter at ASNB! The friendly staff there greeted me with "Long time no see" remark. Ha.

Also managed to get RM5K ASM for my son using his FD.

Just to entice parents to do this instead of just FD, below is the comparison of the 2.

[attachmentid=4452277]

By the time my daughter is 35 yrs old (assuming she puts in RM100k now, not that she has that amount now. I use that to illustrate a point), she will have RM220,000 EXTRA in ASX than in FD! And all that for the sacrifices we put in now in opening the account.

Of course provided ASNB does not "donate" some money to 1MXX!

Cheerio.
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wow at last u managed to open one for daughter rclxm9.gif it's the good result u get for all the sacrifices done notworthy.gif

as the the "donation" to the so called 1M company, we need to take the risk.. but as some forummer said.. we have SC to help us sweat.gif
Ramjade
post May 18 2015, 04:10 PM

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What is this SC?


nexona88
post May 18 2015, 04:10 PM

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QUOTE(Ramjade @ May 18 2015, 03:34 PM)
Where did you open?

Maybank, cimb, asnb?
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He already stated in the post doh.gif

QUOTE
I managed to open AS1M account for my daughter at ASNB! The friendly staff there greeted me with "Long time no see" remark. Ha.

nexona88
post May 18 2015, 04:18 PM

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QUOTE(Ramjade @ May 18 2015, 04:10 PM)
What is this SC?
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user posted image

They Regulate all matters relating to unit trust schemes & have ultimate responsibility of protecting the UT investor
plumberly
post May 18 2015, 04:18 PM

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QUOTE(nexona88 @ May 18 2015, 04:10 PM)
He already stated in the post doh.gif
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Thanks.

I thought I missed that one out.

You have good eyes for details!
Ramjade
post May 18 2015, 04:22 PM

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QUOTE(plumberly @ May 18 2015, 04:18 PM)
Thanks.

I thought I missed that one out.

You have good eyes for details!
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Did you donate say rm100 from your own account? Or you just asked them is there any free units available?
plumberly
post May 18 2015, 04:48 PM

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QUOTE(Ramjade @ May 18 2015, 04:22 PM)
Did you donate say rm100 from your own account? Or you just asked them is there any free units available?
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I assume you meant whether I sold RM100 units from my account and my daughter bought that RM100 unit so that she could open the account.

No, I did not sell any. I think there are a lot of AS1M, ASM fishes around due to the 1MXX concern. Some people prefer to get out of ASX to be safe, risk of ASNB dipping into its pockets to help 1MXX.

Process is like this:

* he will enter the data from the form you have completed into the computer.
* print the passbook
* then check to see if there is any RM100 unit available
* if yes, then the account opening is a success
* if no RM100 unit is available, then he will have to cancel the account and cut the passbook

Yes, after all the hassle, cut the passbook? Yes, that is their SOP.


P/S One observation. When waiting for my turn, one elderly chinese man came in to the office and asked one counter staff XYZ whether he could open an account. I heard the reply, "sudah penuh", meaning cannot. This chinese did not even get his queue voucher, he just interrupted the staff who was processing another customer. Rude of this chinese. Incidentally, I am also a chinese and I am not a racist. Ha.

Now the punch line. It was the SAME staff XYZ who helped me to open the account! Ha. Earlier, sudah penuh and later no problem, as smooth as silk!
nexona88
post May 18 2015, 05:01 PM

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QUOTE(plumberly @ May 18 2015, 04:18 PM)
Thanks.

I thought I missed that one out.

You have good eyes for details!
*
well that one bad thing about me.. if related to $$, my eye would be wide open.. reading word by word sweat.gif
Ramjade
post May 18 2015, 05:05 PM

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QUOTE(plumberly @ May 18 2015, 04:48 PM)
I assume you meant whether I sold RM100 units from my account and my daughter bought that RM100 unit so that she could open the account.

No, I did not sell any. I think there are a lot of AS1M, ASM fishes around due to the 1MXX concern. Some people prefer to get out of ASX to be safe, risk of ASNB dipping into its pockets to help 1MXX.

Process is like this:

* he will enter the data from the form you have completed into the computer.
* print the passbook
* then check to see if there is any RM100 unit available
* if yes, then the account opening is a success
* if no RM100 unit is available, then he will have to cancel the account and cut the passbook

Yes, after all the hassle, cut the passbook? Yes, that is their SOP.
P/S One observation. When waiting for my turn, one elderly chinese man came in to the office and asked one counter staff XYZ whether he could open an account. I heard the reply, "sudah penuh", meaning cannot. This chinese did not even get his queue voucher, he just interrupted the staff who was processing another customer. Rude of this chinese. Incidentally, I am also a chinese and I am not a racist. Ha.

Now the punch line. It was the SAME staff XYZ who helped me to open the account! Ha. Earlier, sudah penuh and later no problem, as smooth as silk!
*
Wait so to be safe, I should asked one of my family member to sell rm100 unti. Take the no together, fill up the from, then ask my family to sell first then only hand in the form.

That way, higher chance to open right?

Which asnb branch did you go?
wil-i-am
post May 18 2015, 05:33 PM

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QUOTE(plumberly @ May 18 2015, 03:27 PM)
Finally, finally, finally!!!

I managed to open AS1M account for my daughter at ASNB! The friendly staff there greeted me with "Long time no see" remark. Ha.

Also managed to get RM5K ASM for my son using his FD.
*
Yo determination finally pays off
utellme
post May 18 2015, 05:37 PM

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Managed to top up for my AS1M today again and I believe there are seller now day. Another still have confident with PNB, you can continue top up.

BTW, anyone know the max limit for each individual account for AS1M, ASM, ASB and ASW?


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plumberly
post May 18 2015, 05:42 PM

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QUOTE(Ramjade @ May 18 2015, 05:05 PM)
Wait so to be safe, I should asked one of  my family member to sell rm100 unti. Take the no together, fill up the from, then ask my family to sell first then only hand in the form.

That way, higher chance to open right?

Which asnb branch did you go?
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I would NOT do that. Just try and buy RM100 if any. If not try another day.


QUOTE(wil-i-am @ May 18 2015, 05:33 PM)
Yo determination finally pays off
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Yes, FINALLY!

I think I have waited for about a year now. Even the application form I completed looks aged, like museum piece by now. Ha.

Now next hurdle is to start fishing for my daughter and sons.

plumberly
post May 18 2015, 05:45 PM

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QUOTE(utellme @ May 18 2015, 05:37 PM)
Managed to top up for my AS1M  today again and I believe there are seller now day.  Another still have confident with PNB, you can continue top up. 

BTW, anyone know the max limit for each individual account for AS1M, ASM, ASB and ASW?
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CONGRATULATIONS on your mega catch!
wil-i-am
post May 18 2015, 05:47 PM

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QUOTE(utellme @ May 18 2015, 05:37 PM)
BTW, anyone know the max limit for each individual account for AS1M, ASM, ASB and ASW?
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No limit for all except ASB with RM200k
nexona88
post May 18 2015, 06:11 PM

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QUOTE(utellme @ May 18 2015, 05:37 PM)
Managed to top up for my AS1M  today again and I believe there are seller now day.  Another still have confident with PNB, you can continue top up. 

BTW, anyone know the max limit for each individual account for AS1M, ASM, ASB and ASW?
*
congratz rclxms.gif

wow 186k flex.gif
cheahcw2003
post May 18 2015, 07:07 PM

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QUOTE(utellme @ May 18 2015, 05:37 PM)
Managed to top up for my AS1M  today again and I believe there are seller now day.  Another still have confident with PNB, you can continue top up. 

BTW, anyone know the max limit for each individual account for AS1M, ASM, ASB and ASW?
*
Very generous to show your account total balance
SUSjudehow
post May 19 2015, 05:51 AM

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Any know went I can update my asnb 3 imbang? Any news and update ?
wil-i-am
post May 19 2015, 06:20 AM

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QUOTE(judehow @ May 19 2015, 05:51 AM)
Any know went I can update my asnb 3 imbang? Any news and update ?
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At ASNB or its Agents
hyelbaine
post May 19 2015, 09:31 AM

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QUOTE(wil-i-am @ May 18 2015, 05:47 PM)
No limit for all except ASB with RM200k
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That would be the drawback for bumi's I guess. 7% income distribution yet capped at 200k (for initial investment) while the other funds while only giving around 6%, does not limit one's ability to invest.

I did some quick calculations; 200k @ 7% vs 300k @ 6% over 20 years... The latter actually yields you more than the former at the end of 20 years although that wouldn't be a surprised now would it tongue.gif



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