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 Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

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coolguy_0925
post May 7 2025, 09:56 PM

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QUOTE(nexona88 @ May 7 2025, 09:15 AM)
Or for bumi funds especially ASB or ASM 2 / 3 Bumi units...

That's easier to get 50k per shot OTC 👍

Online hard to get because max is 30k only @ MyASNB
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Looks like they set their target for this promo clear this time

Good if they managed to fill those unsold quotas with this promo
coolguy_0925
post May 20 2025, 08:47 PM

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QUOTE(MattSally @ May 20 2025, 04:33 PM)
Hopefully that represents positive news for dividends later this year.
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I doubt so

Last year a lot more was released & subscribed, but YoY only from 4.75% to 5.00% under a bull market

This post has been edited by coolguy_0925: May 20 2025, 08:47 PM
coolguy_0925
post May 23 2025, 11:07 PM

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QUOTE(nexona88 @ May 22 2025, 11:36 AM)
Few hours already sold out boss

Malaysian very "Rich" one... 100mil just peanuts only 😁
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This is one level above

Cash rich

Probably already waiting there in savings account to find place to park
coolguy_0925
post May 27 2025, 08:57 PM

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QUOTE(MattSally @ May 27 2025, 05:00 PM)
I always use my PC and that seems to work well.
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I still prefer webpage altho am forced to install and activate the app
coolguy_0925
post May 29 2025, 10:20 PM

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QUOTE(nexona88 @ May 29 2025, 09:07 AM)
Ohh now the policy changed??

Previously only those subscribe to ASNB wills services gets in units... Those using High Court letters orders all in Cash...

Good to have in units 👍

As for transfer... This only can be done in ASNB office... Need to fill up form....

From my understanding.... IC is needed for verification purposes.... So you need to be there too... Fill up transfer form. Got some fee need to paid too....

Previously all these can be done online, but some people go abuse them... Either selling off their units at premium & have cases of illegal transfer of old folk units holdings by their children or grandchildren.....
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My experience transferring a few k to someone else at CIMB

Bring own IC, receiver name & ASM account number

Receiver did not present

No form to fill just jot the details in a pc of paper for the counter to do the work

QUOTE(nexona88 @ May 29 2025, 02:02 PM)
Sure even better.... Cheaper too... Because it's not based on total amount balance percentage....

But you need to confirm with respective ASNB office first....

Keep changing as they like... Earlier say need PA only get in units... Now without also can get in units....
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Good that you put up a disclaimer 'But you need to confirm with respective ASNB office first....' grin.gif

Since no b & w you never know the practice could also change as they like
coolguy_0925
post May 30 2025, 08:47 PM

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QUOTE(nexona88 @ May 30 2025, 07:02 AM)
Nice 👍
Less paperwork for everyone....

Don't even need to do any verification?? That quite dangerous yo... Banks normally everything needs verification... Heck even updating your bloody passbook too... So much security layers....yet somehow still got people lose $$$ magically 😄
Yup.
This people love make own rules...
So we better confirm first... Then only do whatever needed....
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Need to verify my (the one giving the units) thumbprint as usual using their IC reader+fingerprint reader
coolguy_0925
post Jun 1 2025, 10:38 PM

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QUOTE(MattSally @ Jun 1 2025, 03:18 PM)
Less than 4 weeks until ASB3 declares its dividend - which will be a good indicator of what we can expect for ASM2/3.

I am hoping for/expecting 5.5% for ASB3 and 5.0% for ASM2/3.
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For ASM 2 - Wawasan

I expect 5.0%

Any lesser = fund manager sleeping
coolguy_0925
post Jun 12 2025, 11:13 PM

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QUOTE(nexona88 @ Jun 12 2025, 05:30 PM)
..

Seems got new memo from ASNB
😔

Latest Updates:

Only those Zero balance account
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Where did they put this up? FB?

Good! Can't wait for them to close my ASM 3 been sitting at RM0.00 for a year plus I think grin.gif
coolguy_0925
post Jun 21 2025, 04:49 PM

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QUOTE(nexona88 @ Jun 21 2025, 12:04 PM)
Ohhh...

Saw some juicy Post about kids ASB... Probably would happen to ASM too...

user posted image

Parents dump 10k into kids account for education purposes... The 19yo child @ young adult goes YOLO enjoying the $$$$...
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kesian the parents because their good intention was left disappointed, too bad but technically, or legally speaking after 18yo auto convert to akaun dewasa and money inside belongs to the kid and he or she is free to use it as he or she wished

am still appreciate that my parents read the ASW news on paper and helped me to open one
coolguy_0925
post Jun 21 2025, 11:05 PM

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QUOTE(nexona88 @ Jun 21 2025, 06:02 PM)
Peer pressure or influence is always the issues.....

Actually there's pro & cons of dumping $$$ into kids account....

This one only 10k... Consider small amounts....

Imagine some here dumping till 100k & the child young adults go spends all of it... Really heart attack yo 😁
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Yes 18 or 19 yo actually still consider too young to handle for majority

Some more now got so much more temptation vs our youth time *cough* *cough*
coolguy_0925
post Jun 27 2025, 10:31 PM

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QUOTE(nexona88 @ Jun 27 2025, 10:13 PM)
Did you know?
8% sales and services tax (SST) will not be levied on any investment transactions and resale of ASNB unit trusts.

#ASNB #ASB #ASM
user posted image
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best investment scheme on earth

no tax

give subsidy to topup dividend when neccessary

grin.gif
coolguy_0925
post Jun 30 2025, 09:16 PM

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ASB3 - Basically the total income still not bad, above 6%

Just that they decided to cap the payout

Time to stash up the reserve to cushion the rest of Trump's tenure probably grin.gif
coolguy_0925
post Jul 3 2025, 09:15 PM

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QUOTE(nexona88 @ Jul 3 2025, 02:20 PM)
but but ASNB happy lorh

Already profit 1 month interest 😀

Anyway
Mcm ASNB follows those laz / Shpe  sales only... 7.7 sales 😜😀
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still will sell like hot cake

ASM 600 million only maybe within 1 week can close shop
coolguy_0925
post Jul 3 2025, 09:51 PM

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QUOTE(nexona88 @ Jul 3 2025, 09:41 PM)
1 week??

I seriously doubt can last that long... It's one of the top tier ASMx series & average dividend history higher vs other 2...

ASM 3 probably can last longer than 1 week 😀
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Okay next week let's sit back & watch grin.gif
coolguy_0925
post Jul 6 2025, 04:54 PM

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QUOTE(nexona88 @ Jul 6 2025, 11:20 AM)
ASM 1 - around 6 hours +/-

ASM 2 - around 3 hours +/-

ASM 3 - 1 day or more....

😁
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This round ASNB staff working hard yo called me early in the morning inform got new units opening up next week

Might be even faster if a few big sharks decided to put money in

QUOTE(kiddo83 @ Jul 6 2025, 03:28 PM)
ASB 3 Didik kan 5.25 cent?
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IINM last year also 5.25%, so no grow

We were hoping at least a 0.25% grow for ASM 2

Of course we hope that our prediction will be proven wrong grin.gif
coolguy_0925
post Jul 6 2025, 08:32 PM

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QUOTE(nexona88 @ Jul 6 2025, 05:55 PM)
How many banks we got in Malaysia???

Each bank 50k.. multiple with all banks...

Personally even me as ordinary guy got few banks...  Big sharks & VIPs sure got more....

😁
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Jaws and VIP just have to call the Relationship Manager to come collect cash check for the whatever amount they want to buy and RM will settle the rest for them grin.gif
coolguy_0925
post Jul 8 2025, 09:15 PM

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QUOTE(sweetpea123 @ Jul 8 2025, 08:28 PM)
Perhaps they have maxed their limit??? Those queuing must be rich bumis.

user posted image
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He is talking about ASB3

The RM300k limit only for ASB and ASB2
coolguy_0925
post Jul 10 2025, 09:39 PM

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QUOTE(nexona88 @ Jul 10 2025, 09:13 PM)
ASNB playing their game well enough...
OPR cuts free up some $$$...
So they encouraging people to deposit into ASNB funds...

But ASM units Tarak oooh...
Mcmana mau deposit oooh 😀
user posted image
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ASB, ASB2

if not eligible can always tikam ASM 1 / 2 / 3
coolguy_0925
post Jul 11 2025, 05:34 PM

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QUOTE(koja6049 @ Jul 10 2025, 11:26 PM)
I thought ASB also got max limit. Otherwise why bumi also want to compete asm with us leh  biggrin.gif
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If already maxed out 2 funds and still compete for ASM, I don't think they need ASNB to educate them to save & invest

According to 2023 AR, only 8.61% of unitholders holding more than 50k units

Majority (8.4 million or 77.69% unitholders) only hold 5k units and below

So these are their target audience
coolguy_0925
post Jul 11 2025, 11:05 PM

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QUOTE(koja6049 @ Jul 11 2025, 07:22 PM)
As the saying goes, the rich gets richer, the poor gets poorer.

No kidding, I know Bumi are competing ASM units with us, because I already check asnb socmed on 7/7 (including twitter, fb, etc.), alot of bumi accounts complaining they cannot get units because website slow, got error, etc. There are still certain percentage of Bumi who have financial knowledge and discipline like non-bumi whistling.gif
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Financial literacy has nothing to do with race

What I was saying, the effort ASNB put in is towards those still not hitting their limit

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