Important to note the above is only available at ASNB branches and not at agents. So, we're most likely going to get the same "sorry unit dah habis" excuse from agents 

I think your message is correct. I just got ASW by one shot around 10am this morning. Yesterday's around 3pm, I failed to get any unit.

Thanks for the sharing info.

Wonder why would people sell 7 digit of asw2020? They know something we don't?

No way until 7 digit. Most for holiday also 5 digit if say air ticket per person is rm30k.

The story is the PNB spy in LYN passed back the message of many non-bumi subscribers are hunting ASW units.

PNB needs money now, so, enlarge the fund. Otherwise, all the free cash will be sucked by the banks in their recent FD promotion.

I don't think is few family. I think is an individual. Why :
a) Huge fund available for non bumi. Which means this person must have beforehand tell asnb that he want to remove a 7 digit lumpsum.  Must be before this asnb does not have enough liquidity to let the person withdraw 7 digit one shot. So make appointment and come back today and withdraw.
b) If families going on vacation, sure everyday we can get. How come today is so special got families removing 7 digits one shot?

Hence, I think is one particular individual. I could be wrong.

ummm.... here, we are talking about transparency of GLC.... which, I think, many creative accountants and auditors work in this country.

That why I love ASNB so much. I just put my trust on them that they won't screw up their bumi votes. I tied myself in a bumi's boat. They dare not sink the bumi boat.

They really make money or not, I don't know. But, I know they are paying handsome dividend all these years, which is truth.

Sounds like scam, isn't it!

I do not believe that it's an individual even though there's no limit to what an account holder can invest in ASW. It can be a group of people who's gotten on the wrong end of the law or their finances. As I stated in my earlier post, it can be due to legal issues, insolvency bureau and what not.

Just read recently the amount of people declared bankrupt on a daily basis. Or people just going for holidays, time to pay insurance premiums, school/college/uni fees, wedding season, etc2... Or maybe PNB as the fund manager has identified an investment opportunity and decided to release the fund manager's holdings to fund the investment opportunity?

The list of possibilities is endless. Besides, even if 1 person wanted to withdraw 7 figures it'll never be in cash.

As confirmed by a previous post, PNB did not increase the size of the fund. They can't do it without approval from SC. Even for dividend distribution, they'd need to get SC approval to automatically re-invest. If SC says no, PNB would have to give you dividend in cash/cheque.

Again, what's with all the speculation? We Malaysians can be really fussy people. Tak ada complain, ada pun complain

And PNB is a ponzi scheme? Well how about you giving it a try. See if you can pay dividends using the amount that is being invested by new investors. The numbers will never be enough and PNB wouldn't even last 5 years never mind 35.

Long reply because I find it funny lah we all. Like I said, ada pun susah, tak ada pun susah heheheh

I spoke with my insider the last time there were rumors of a new fund but there's no confirmation if it's FP. My contact did say that unless directive came from "langit" (read AS1M and ASB2) than the new fund (if there is one) may be VP because of SC's strict risk mitigation policy towards the KLCI.

Who knows, a new VP fund that's also open to non-individuals like companies? It's an untapped market for PNB as all of their funds currently is only open individuals only.

There's also the possibility that PNB does not want to manage anymore new funds (if they could). Ask any fund manager and they'll tell you the best size for a unit trust is between RM250m to RM500m. Anything below RM250 would make the fund noncompetitive while anything larger would mean too difficult to manage.

On the issue of FP to VP, no news as yet. So as some may say, no news is good news 

Anyways, I'm glad my earlier tip came true. Can't confirm if the next one will be as correct as this one. And I bet by now, if there was say 1 million units at the start of the morning... It may have all run out given the ferocity of the hunters and fishermen here