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

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firee818
post Mar 6 2015, 11:03 AM

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Hi,

I have some amount of funds in AS1M (Amanah Saham 1 Malaysia).

This morning, I saw in a newspaper that 1MDB (1 Malaysia Development Berhad) is going to liquadate/dissolve. My concern is that are there any connection between ASIM and IMDB?

If they are connected, I would like to sell my AS1M's funds as it has some risks to hold that fund.

I am very much appreciated if some experts here can clear out my doubt on this. notworthy.gif

Thank you very much.

This post has been edited by firee818: Mar 6 2015, 11:06 AM
firee818
post Mar 6 2015, 06:18 PM

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QUOTE(wil-i-am @ Mar 6 2015, 11:17 AM)
Dun worry as there is NO connection
AS1M funds is governed by Trustee
*
Hi,
What do you mean by 'governed by Trustee'?
What is the role of AmanahRaya Trustees Berhad in this fund?
Isn't this fund is managed by Amanah Saham Nasional Berhad, manager of AS1M?
Is this fund a guarantee fund. i.e. the fund that the value of the fund remain @ RM 1.00 even if PNB/Amanah Saham Nasional Berhad/AmanahRaya Trustees Berhad go bankrupt/liquidate?

Thank you
firee818
post Mar 7 2015, 07:56 AM

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QUOTE(wil-i-am @ Mar 6 2015, 09:12 PM)
AS1M is managed by ASNB
Trustee ensure ASNB act as per Deed, Guidelines n relevant laws
Fund is not guarantee by ASNB or PNB
ASNB just maintain buy n sell @ RM1.00/unit
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Thank you for the info.
firee818
post Aug 18 2015, 11:57 AM

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Hi, if I want to sell ASW in August, what is the latest date should I need to sell before the account is 'freeze' for dividend counting for Year ended 31.8.2015?

TQ
firee818
post Aug 18 2015, 02:32 PM

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QUOTE(alexanderclz @ Aug 18 2015, 12:08 PM)
24th. transactions will be suspended from 25 to 31st. but why not wait 1st september after the dividend is given?
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Thanks, as a deposit to buy a car which is expected to arrive at the month end.

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