I think not all the branches, just a simple brochure with instruction and explanation haha

This post has been edited by MasBoleh!: Dec 3 2017, 06:25 PM

their carnival lately is not good I must say. who the hell go to carnival for investment stuff? And on padang padang? LOL

should have made it in the mall. midvalley, pavilion, etc etc.

and more branch. stop hoping on agent. they wont do a good job.

hope them, can abolish agent and set up own branch with simple task like updating purchasing withdrawing. I think the only drawback is withdrawing, they don't hold that much cash as compared to bank?

You need to keep operating cost as low as possible. The more branches you opened, the more overhead incurred. Who pay branches rental, computer, electricity and manpower?
This overhead is taken from your pocket.
When you use agent, you have less overhead. Agent charges based-on number of transaction basis.
You made a point, when they open branches, they take cash and give cash. Where is this cash from? Handling cash is very risky and involved a lot of cost. You need security, then need security van to deliver cash and send cash.
So, i think the best is close all the branches. Let online platform, post office and bank run for them. Better still if they can leverage fundsupermart to help them on the VP fund.

If you run carnival in pavillion and mid valley, who pay the rental? If you do at padang, it is very low cost. In fact, the new PNB boss is very pandai in cost cutting. They no longer need send paper statement, update passbook. imagine the cost of sending annual report. Assuming each cost RM10 to print, pack, send. 1million subscribers incurred RM10million.
How good if this 10million is giving back to you?

Look it at this way, a little bit of inconvenience which gives you a better return.

This post has been edited by ch_leong: Dec 4 2017, 12:03 AM

U have attended the carnival recently?? Getting worse huh??

Last one I went is few years back.. Back then okay lor.. Got some gift... Only thing is they skew towards one communities only.. Which I think kinda unfair... No wonder always do in padang only....

Do at those mall, cost is higher.. Worse come worse.. They do at PWTC hall 😊

I don't mind cost cutting if my return is >6.3%. Instead, all the fund drop and gave only 6%. So mana semua savings pergi?

actually from what i understand they do minimal marketing on purpose because they want to launch officially big big one later on (i suspect around ASB dividend time because most people have). so for now it's like, if you know then you know. if you don't then too bad for you.

but even now also, those bumi who already know also very angry dunno why. they said pity the old folks. but as for me, i would pity them more if they have to come sometimes from far2 away and wait long2 time just to update the book and see how much they got. also a lot of them confuse they thought it's totally online now and no more counter transactions.

They already have it. I logged in to my portal to save some of my salary and there was a new tab that shows remaja/bijak. I can deposit money into my kid's accounts now.

But when i spoke to some of my friends who don't have kids, the tab is not available for them.

I also see another new tab for recent transactions. I can see my OTC transactions in the listing.

Ooh okay..
Must be waiting for jibby to officially launch the portal & same time announced special bonus & dividend for ASB unit holders for their support all the years (hint: sweets for GE 😈) 😁😁

Yup. Pity those old folks.. But still.. They can still do transaction at the nearest agents.. Okay maybe banks at town only.. Pos Malaysia is like almost everywhere..

Oh cool..
Great news indeed

Now everyone can top up online via portal MyASNB for kids 😊😊

Goodbye those useless agents staff giving all kind of BS excuse

Given next year all new born baby have asnb account (RM 200 from government), and they may top up via Myasnb, would it be difficult for us to top up next year?

Withdrawing large amount of AS1M fund now. Anyone interested can try your luck getting. Cheers.

good news ...just at right time...next week going to open ASx for my kids

Hmm that one is new fund right.. ADAM50 something..
So its really no effects on existing funds 😊

Actually ADAM50 is not a new fund but name of the program..

Under ADAM50 program, RM200 for each newborn born between 2018-2022, will be deposited into ASB (for bumi) and into AS1M (for non-bumi)..

This post has been edited by veera77: Dec 4 2017, 02:28 PM


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Ooh like that..
Well looks like ASB would be even bigger in future..
Can reach 100bil mark 😊😊

Meanwhile as1m take up rate would be faster.. Since its the least famous fund among the 3 😂

smart move

better if ASW2020..

not interested of adding more AS1M units

average live birth in Malaysia per year is 500k +
for five years (2018-2022) total newborn 2.5m

one baby RM200 x 2.5m baby = RM 0.5 billion goes into ASB/AS1M

100 billion mark , susah sikit

Finally MyASNB for kids

Ahh u missed my point..

Don't think those parents would just leave rm200 there..
Sure will top up since already have account..

Since MyASNB also have option for kids, much more easier now 😊😊