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 Ultimate Discussions of ASB1/2-Financing, questions/comments/criticisms welcome

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SUSAud power
post May 2 2019, 04:53 PM

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QUOTE(Aud power @ May 2 2019, 04:49 PM)
if i am born in sabah, have sabah ic and passport, but im no bumi , im excluded right?
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i wonder if asb is big in siam and Portuguey ? imagine all the untapped potential if you can find thousands of proxies there
TSwild_card_my
post May 2 2019, 04:53 PM

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QUOTE(viole @ May 2 2019, 04:48 PM)
Why there is no distribution on the following year? The dividen should count 11/12 of the 200k if im not mistaken.
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Distribution given/announced on 2nd January 2020 is based on investment/deposits made in 2019.

By the time you have paid your installments for the year 2019, and find out that ASB is not giving distributions (unlikely, but not impossible), it would already be too late. You already paid your installment (and thus the interest) to the bank for all the 365 days in the year of 2019.
TSwild_card_my
post May 2 2019, 04:53 PM

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QUOTE(Aud power @ May 2 2019, 04:53 PM)
i wonder if asb is big in siam and Portuguey ? imagine all the untapped potential if you can find thousands of proxies there
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Has to be Malaysian citizens though
SUSAud power
post May 2 2019, 04:55 PM

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QUOTE(wild_card_my @ May 2 2019, 04:53 PM)
Has to be Malaysian citizens though
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i see - hmm interesting market
TSwild_card_my
post May 2 2019, 04:57 PM

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QUOTE(Aud power @ May 2 2019, 04:55 PM)
i see - hmm interesting market
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why not just ask the Malays?

plenty of Malays who cant afford to pay RM993 a month
cofin
post May 2 2019, 04:57 PM

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QUOTE(Aud power @ May 2 2019, 04:49 PM)
if i am born in sabah, have sabah ic and passport, but im no bumi , im excluded right?
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QUOTE(wild_card_my @ May 2 2019, 04:51 PM)
I think so. Some Bumiputeras some Sabah/Sarawak needs to get some signing from their ketua kampung/ulu to prove that they are bumi. All these things are recorded in the NRD, but if got discrepencies you can address tehm
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My case is JPN do wrong on my Race because i was born in Sabah .....dont know why they put me Native in Birth Cert then my IC also automatic become Native.

21 years old i signup thing owes Bumi ...then went JPN Sarawak say i want change Cina they ask me go request letter from JPN sabah lah need go court sumpah lah ...so troublesome. Then i just fuck it enjoy tongkat ..... i took my IC to ASB open account and berjaya lol ....but when open account in ASB they look at me one kind because 3 words Chinese name but bangsa Bumi. Still never try go buy bumi-lot land or property .... i guess also manageable

This post has been edited by cofin: May 2 2019, 04:58 PM
vamsufer
post May 2 2019, 04:58 PM

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QUOTE(Aud power @ May 2 2019, 04:49 PM)
if i am born in sabah, have sabah ic and passport, but im no bumi , im excluded right?
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yes, excluded.

but if you marry to a bumi wife/husband. then your children can open asb.
or u sabahan + non bumi + muslim also can
TSwild_card_my
post May 2 2019, 04:59 PM

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QUOTE(cofin @ May 2 2019, 04:57 PM)
My case is JPN do wrong on my Race because i was born in Sabah .....dont know why they put me Native in Birth Cert then my IC also automatic become Native.

21 years old i signup thing owes Bumi ...then went JPN Sarawak say i want change Cina they ask me go request letter from JPN sabah lah need go court sumpah lah ...so troublesome. Then i just fuck it enjoy tongkat ..... i took my IC to ASB open account and berjaya lol ....but when open account in ASB they look at me one kind because 3 words Chinese name but bangsa Bumi. Still never try go buy bumi-lot land or property .... i guess also manageable
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Did you tell them "JANGAN PERSOAL!!!" ?

That was the best opportunity to give it back to the man!

This post has been edited by wild_card_my: May 2 2019, 04:59 PM
SUSAud power
post May 2 2019, 05:03 PM

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QUOTE(wild_card_my @ May 2 2019, 04:57 PM)
why not just ask the Malays?

plenty of Malays who cant afford to pay RM993 a month
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Can you think of a way to get collateral in case bumi ignore me after i help deposit?

it seems the law and banks will be on bumi side
SUSAud power
post May 2 2019, 05:04 PM

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QUOTE(vamsufer @ May 2 2019, 04:58 PM)
yes, excluded.

but if you marry to a bumi wife/husband. then your children can open asb.
or u sabahan + non bumi + muslim also can
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not worth the trouble for me, maybe others can
TSwild_card_my
post May 2 2019, 05:04 PM

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QUOTE(Aud power @ May 2 2019, 05:03 PM)
Can you think of a way to get collateral in case bumi ignore me after i help deposit?

it seems the law and banks will be on bumi side
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above got someone who says he saw 10 Bumis in Alphad with 2m depositing them in their ASB.
SUSAud power
post May 2 2019, 05:05 PM

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QUOTE(wild_card_my @ May 2 2019, 05:04 PM)
above got someone who says he saw 10 Bumis in Alphad with 2m depositing them in their ASB.
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sounds like the woman is crime boss , or else how can you secure your investment with ppl who can afford 993 rm per month
TSwild_card_my
post May 2 2019, 05:09 PM

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QUOTE(Aud power @ May 2 2019, 05:05 PM)
sounds like the woman is crime boss , or else how can you secure your investment with ppl who can afford 993 rm per month
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nah, if she is bringing 2m, with 10 people, that is RM200k cash invstment (maxed out). not financing, no need to bother with financing.

Crime boss is an apt way of describing it.
SUSAud power
post May 2 2019, 05:10 PM

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QUOTE(wild_card_my @ May 2 2019, 05:09 PM)
nah, if she is bringing 2m, with 10 people, that is RM200k cash invstment (maxed out). not financing, no need to bother with financing. 

Crime boss is an apt way of describing it.
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my issue is , how does the lady secure her 2m investment? The 10 bumi can run away and ignore her and she cant do anything about it. i doubt she can create a contract that uses the asb investment as collateral and have courts enforce it
lagista
post May 2 2019, 05:11 PM

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Non bumi can 'tumpang' nama n put ASB on his/her bumi fren or not ? but have to trust her/him for 35 yrs n give a bit angpao 1% tumpang fee rite...
stevenryl86
post May 2 2019, 05:12 PM

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Wrong section
TSwild_card_my
post May 2 2019, 05:13 PM

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QUOTE(Aud power @ May 2 2019, 05:10 PM)
my issue is , how does the lady secure her 2m investment? The 10 bumi can run away and ignore her and she cant do anything about it. i doubt she can create a contract that uses the asb investment as collateral and have courts enforce it
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I understand your concern. I have no idea. Maybe like how ahlongs secure their investments? Cut you with red paint if you lari? hehehe

QUOTE(lagista @ May 2 2019, 05:11 PM)
Non bumi can 'tumpang' nama n put ASB on his/her bumi fren or not ? but have to trust her/him for 35 yrs n give a bit angpao 1% tumpang fee rite...
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"Can" has a lot of meanings. Technically? Sure. 1% is too little. Normal proxy is 10% of the dividend
TSwild_card_my
post May 2 2019, 05:13 PM

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QUOTE(stevenryl86 @ May 2 2019, 05:12 PM)
Wrong section
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Nah, not wrong section. Can do anything in Kopitiam.
SUSAud power
post May 2 2019, 05:15 PM

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QUOTE(wild_card_my @ May 2 2019, 05:13 PM)
I understand your concern. I have no idea. Maybe like how ahlongs secure their investments? Cut you with red paint if you lari? hehehe
"Can" has a lot of meanings. Technically? Sure. 1% is too little. Normal proxy is 10% of the dividend
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that is next level ah long, i donno any ah long who will lend that much cash to high risk individual haha. with this amount, the only way to secure is threat of lives and the ability to go through with it. thats why i suggest she is crime boss lady
cococonutseller
post May 2 2019, 05:19 PM

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LOL investment in easy mode, only in Malaysia

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