The Portuguese community here has urged the Finance Ministry to extend the privilege of investment in the Amanah Saham Bumiputera (ASB) to the 'Baba and Nyonya' and the 'Malacca Chitti' communities under Budget 2016.

"The Babas and Nyonya and the Malacca Chitti communities deserve to be considered to be given this privilege for their ancestors had roots in Malacca for centuries," he said in a statement Friday.

Malacca Minorities ask for privilege of ASB investment in Budget 2016

http://www.thestar.com.my/News/Nation/2015...in-Budget-2016/

Good leh if jibby can approve it 

R u baba nyonya.?
The chances are very low

Malacca Minorities ask for privilege of ASB investment in Budget 2016

http://www.thestar.com.my/News/Nation/2015...in-Budget-2016/

Good leh if jibby can approve it 

Nobody is more deserving than the poors of all races.

my question is how to differentiate is babanyonya and chitti.. and not chinese and indian??
got special card or got written in IC?

rM55 , but I dunno how they calculate either is one time fees or per cycle.

will while waiting to reach 18 years of age, they "maybe" short of cash for other things?

RM55 fee is nothing, the big fee is the % of commission on your balance units to be claimed.
If you have 1M units, and your kids wanna claim via the PNB Amanah Hibah, the commission fee is >RM5000.

So even if i now cannot withdraw the money i have put under their names, i have no regret, why wanna let PNB earn the commissions when the time comes...
This problem applies only if all your cash money is in ASx.

RM55 fee is nothing, the big fee is the % of commission on your balance units to be claimed.
If you have 1M units, and your kids wanna claim via the PNB Amanah Hibah, the commission fee is >RM5000.

So even if i now cannot withdraw the money i have put under their names, i have no regret, why wanna let PNB earn the commissions when the time comes...
This problem applies only if all your cash money is in ASx.

Other means like Rockwill would cost even more.

normally how much it cost? 

Malacca Minorities ask for privilege of ASB investment in Budget 2016

http://www.thestar.com.my/News/Nation/2015...in-Budget-2016/

Good leh if jibby can approve it 

my question is how to differentiate is babanyonya and chitti.. and not chinese and indian??
got special card or got written in IC?

maybe got some sijil something 

My mum and her side are all Malaccan Baba Nyonya though

If family members gain our full trust , better buy on their names a portion of our assets,
to reduce inheritance commissions

As parents, I dun want to give everything to my kids

Just wondering i had ASW2020 since i was still a small kid.. lol.. just wondering, are we able to top up the units?

Of course. Didn't you read this thread? People have been topping up. The only 2 question are
1) Do you have the money?
2) Do you have the confidence?