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 Ultimate Discussion of ASNB (47457-V) Se7en, Wholly owned subsidary of PNB (38218-X)

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langstrasse
post Nov 11 2016, 06:37 PM

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When you guys mention diversification, does that refer to non RM denominated options due to ringgit weakening ?
langstrasse
post Nov 18 2016, 09:00 PM

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QUOTE(lukenn @ Nov 18 2016, 08:31 PM)
HNWI wouldnt be asking about here lor...
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Actually if you read through the posts here you'll realize there are some pretty well to do people in here. Big fish haha
langstrasse
post Nov 19 2016, 08:29 PM

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QUOTE(nexona88 @ Nov 19 2016, 01:02 PM)
Already stop toping up as1mm long time ago..
Previous plan is to start back next year.. But now I think to stop totally & may withdraw instead blush.gif
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Just curious, withdraw and put where?
langstrasse
post Nov 21 2016, 09:45 PM

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QUOTE(nexona88 @ Nov 21 2016, 04:33 PM)
can top up today at CIMB?? friend of mine went lunch time, they said system down even for ASB hmm.gif

last last went to Maybank rclxms.gif
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Actually what does "system down" really mean ? And why does it happen so often ?

Also, how is it that ASB system is separate from the other FP UTs? I'm wondering why it can be down for some UTs and not for others.
langstrasse
post Nov 30 2016, 09:56 AM

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QUOTE(nexona88 @ Nov 29 2016, 10:25 PM)
Dear valued Unit Holders,

With effect from 1 January 2017, all investment and redemption transactions, and  vice  versa  in  the  same  unit  trust  fund  on  the  same  day  (SDT)  are  not allowed.

http://www.asnb.com.my/v3_/pdf/media/notispenting/SDT_EN.pdf
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Why would anyone want to do investment and redemption in the same day?

The only explanation I can think of is emergency fund requirement but worst case can still wait for the following day.
langstrasse
post Nov 30 2016, 12:21 PM

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QUOTE(Ramjade @ Nov 30 2016, 10:27 AM)
I think it's to make sure that we cannot use book A to buy book B (all having same account no)
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Hm, I guess MGM has pointed out that it's for the same UT.
QUOTE(Chrono-Trigger @ Nov 30 2016, 10:42 AM)
Maybe it's to prevent abuse - bank employees helping friends to hog the units, and key in as much as possible but was later told by their friends that they don't have that much money available. Then, the bank employees will have to ask their friend to fill in the "jualan balik" form - to balance the account.
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This one if true would be very sinister indeed. I'm hoping it's not true (or at least not prevalent).

But if ASNB are enforcing this rule then it's likely someone has been abusing the system's loopholes.
langstrasse
post Jan 26 2017, 01:56 PM

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Any updates today?
Or all in CNY mood already laugh.gif

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