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

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Ramjade
post Jun 9 2016, 08:55 AM

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QUOTE(filage @ Jun 9 2016, 08:52 AM)
I guess need to set aside emergency fund out of ASX. If somebody suddenly need to withdraw ASX urgently, then system down.. foooh..
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There's always other funds. All 3 funds won't go offline. Keep max 1-2 months usage in maybank eGIA-i. Rest dump into ASX. That's what I am doing.

This post has been edited by Ramjade: Jun 9 2016, 08:58 AM
Ramjade
post Jun 9 2016, 09:16 AM

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QUOTE(filage @ Jun 9 2016, 09:09 AM)
But during that time I think the 3 funds are in different stages of upgrading. Now all 3 funds on new system already. Might be possible that if the system down, all 3 funds will down.
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That time only asw was down. Asm (already new system) was online.
Ramjade
post Jun 9 2016, 09:40 AM

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QUOTE(twinkle5129 @ Jun 9 2016, 09:35 AM)
The whole ASNB system was down 1x at my bank around 3pm- 4pm.
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Even if it's down, if ine have 1-2 months usage in the bank, that's more than enough to cover for the time being.
Ramjade
post Jun 9 2016, 01:07 PM

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QUOTE(tonytyk @ Jun 9 2016, 12:36 PM)
How is it possible, everything paid by cash? Must be loaded
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I paid all my ASX transaction by cash too. Give me flexibility if Bank A dont have. Can go to bank B
Ramjade
post Jun 10 2016, 11:46 AM

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QUOTE(nexona88 @ Jun 10 2016, 11:07 AM)
Nope. for non-bumi, there's NO option for sijil.
only ASB have sijil  dry.gif

» Click to show Spoiler - click again to hide... «

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I think somebody posted that laat time asw have sijil which some people use to get extra money by pledging for loans.
Ramjade
post Jun 12 2016, 04:02 AM

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QUOTE(dasecret @ Jun 12 2016, 01:17 AM)
This actually makes a lot of sense.... but at the same time very scary  shocking.gif
It's a dominos in the making isn't it, seriously remind me of subprime. Although everyone here would argue that ASB is different than US housing market since the price is always fixed and there's always a higher than personal loan dividends

By the way, I don't think the MTN can be shariah compliant if the ultimate collateral is ASB units which is not shariah compliant. But then I'm not familiar with shariah rules and hence cannot tell for sure
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Well it's all interconnected. For asnb to fall,company like msybank, tnb + other GLC must fall first. However it is possible.
Ramjade
post Jun 12 2016, 09:45 PM

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QUOTE(Kaka23 @ Jun 12 2016, 09:20 PM)
Can top up using old passbook?
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No. They will change the book for you automatically. Don't know if that applies to online topup.
Ramjade
post Jun 12 2016, 10:48 PM

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QUOTE(nexona88 @ Jun 12 2016, 10:17 PM)
some say can use old passbook  confused.gif  blink.gif

I remember 1 fellow posted here previously  hmm.gif  hmm.gif
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think is topup of as1m. Cause if you go to bank with old book, straight away they will change your book. Mine as1m cannot topup via counter cause it's not change yet.
Ramjade
post Jun 13 2016, 07:56 PM

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QUOTE(eddie2020 @ Jun 13 2016, 07:54 PM)
So jealous of you guys.. I desperately want to open an account but scare later I take leave but failed to register.. Top up chance = open new acc chance rite
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No. Topup easier than opening account as some banks do not want to try and open account for you. But once ave book, most banks will allow you to topup.
Ramjade
post Jun 13 2016, 11:41 PM

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QUOTE(eddie2020 @ Jun 13 2016, 11:11 PM)
I want to open fp acc.. What mean wait for unit availability? Depend luck or  confirm can open? 100 unit x fp? I scare alot people unable to open then wasted my leave Haha.. I am Chinese btw
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What mean wait for unit availability? = if got unit (min 100 unit) you can open account, Official answer by banks, kuota cina sudah penuh. Just ignore and try luck.
Depend luck or confirm can open? = Luck and timing. No units, uncooperative bank worker means cannot open or topup.
100 unit = min amount to open account
I scare alot people unable to open then wasted my leave = Go during lunch time la. If scare to try, forever cannot get.

QUOTE(cheryl390092 @ Jun 13 2016, 11:28 PM)
Is it a cap amt for non Bumi to purchase asnb?
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No cap.

This post has been edited by Ramjade: Jun 13 2016, 11:43 PM
Ramjade
post Jun 13 2016, 11:54 PM

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QUOTE(nexona88 @ Jun 13 2016, 11:44 PM)
there's no cap to any of the funds except for ASB & ASB2  icon_rolleyes.gif

normally people set target of 200k or 250k  biggrin.gif
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Wow which means I am still far. blink.gif shocking.gif bangwall.gif
Ramjade
post Jun 14 2016, 07:36 AM

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QUOTE(twinkle5129 @ Jun 14 2016, 07:24 AM)
I'm a Chinese too. Don't bother trying at banks. Just straight to asnb. Be patience. If they say insufficient units. Just smile and say 'thank you' and you will re Q to try again. Keep taking next Q number after you 'fail' to open.
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For me, I had no choice to open at banks cause ASNB is too far.
Ramjade
post Jun 14 2016, 10:18 AM

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QUOTE(eddie2020 @ Jun 14 2016, 10:01 AM)
Haha my job not allowed go out cx we have own canteen

Haha many people? You keep re Q later the employee feel weird Haha.. I need to check asnb branch then..
Which bank you went? How many tries?
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I opened mine at Maybank KLIA2, Maybank Klang Town and RHB Old Klang Town. See first page for places which allow you to try to open.
Ramjade
post Jun 15 2016, 06:05 AM

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QUOTE(Vinic Yap @ Jun 15 2016, 12:18 AM)
Mind ask, is all the three still available for us go to try luck? I know the quite recent one is as1w still can go counter open account. How about the asm and asw2020?

Thanks ya, newbie here
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Yes all three still can open. But really depends on unit availability (if got people sell), whether stuff want to help or not. Is kind of hard as there are no mega sales nowadays but it is still possible to open if you are persistent.
Ramjade
post Jun 15 2016, 08:37 AM

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QUOTE(wu ming @ Jun 15 2016, 08:34 AM)
Quite hard lately since Auntie Twinkle kept topping up. Hard to acquire units. Better wait until she off hunting season.
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She's already reached target. Only one haven't is her asw which she will use money from asm/as1m.
Ramjade
post Jun 15 2016, 08:54 AM

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QUOTE(twinkle5129 @ Jun 15 2016, 08:43 AM)
I'd managed to switch some other funds into ASW while waiting for my next July Fds. Not much but the $ is available and also looking for 'parking' place. Will definitely switch out some from AS1M & ASM later for other baskets.
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Please post when you are selling your asm/as1m (not aiming for that) but therr are people who wants it. I am aiming for asw personally.
Ramjade
post Jun 15 2016, 09:00 AM

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QUOTE(twinkle5129 @ Jun 15 2016, 08:58 AM)
It'll be ex dividend date for AS1M & ASM. Just 5 digits. Can only do at RHB as Affin bank only allows 10k, same with ASNB.
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So do you mean that we can only use rm10k from asm/as1m to buy asw?
Ramjade
post Jun 15 2016, 09:11 AM

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QUOTE(twinkle5129 @ Jun 15 2016, 09:09 AM)
Affin only allows selling of 10k. RHB unlimited.
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Why not do it at cimb since they know you?
Ramjade
post Jun 16 2016, 04:01 PM

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QUOTE(eugene88 @ Jun 16 2016, 02:58 PM)
No other ways beside cash?
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Cash or direct debit from your bank account. Cash gives you freedom to try different banks and post office. If direct debit from your SA, you can go to only one bank.
Ramjade
post Jun 16 2016, 04:23 PM

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QUOTE(virgoguy @ Jun 16 2016, 02:46 PM)
may I know why everyone is switching from ASM/AS1M to ASW2020?
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Cause ASW2020 is the oldest fixed price fund with the longest track record. So could be people like something which is much more stable.

QUOTE(virgoguy @ Jun 16 2016, 04:05 PM)
I went into RHB Online to check on the T&C. A bit confusing, topup successful or fail will be charge RM1 + 0.06(gst) for the transaction fee? I thought only successful topup will be charge?
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Yes. Whether fail or successful attempt will be charged RM1.06 if done via online. If over the counter is free.

QUOTE(eddie2020 @ Jun 16 2016, 04:14 PM)
I mean top up online.. Not over the counter... 1st page written register open account with agent.. Agent is who? Or meaning the agent is bank, pos office etc
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You need to register to get a book first then only you can topup online. To get a book, you can go straight to ASNB or agents (banks, post office)

This post has been edited by Ramjade: Jun 16 2016, 04:23 PM

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