but do you still have to pay the RM1 then?

Yes you can, as long as your maximum limit has increased through earning the distribution

Maximum financing is always rm200k but maximum units can ve higher than the original 200k

Historically (although asb2 is only a few years), ASB1 tends to give better returns to that of ASB2. But you wont be able to get ASB2 financing anytime soon since it has been closed (the financing that is, not the fund itself. You can still cash-invest in ASB2)

Let me know if you need help with ASB1 financing, I am a broker and always know the best deals around

Thanks mate. Closed a few deals here, I knew you wouldnt take action as long as we do it civilly.

For the fiscal year-end of 2019? 5.50%. Paid out in 2nd Jan 2020

I'd be very happy to! Just hit me up once you are in Cyberjaya. but I do travel to KL all the time too, not sure where you are based, is it Soviet Sarawak? If it is then can only be done when you fly in. I'd love to host you, can pick you up in KLIA too and drop you off where you need and lunch as well - I am based in Cyberjaya, home and office.

In any case, bad/good news from this. Perhaps they need to install their people for a raid? Hahaha

Report: CEO Jalil Rasheed to exit PNB

Can't roast me. I tell them returns are not guaranteed, but here are the historical returns.

Hurm, I dont know man... PNB and EPF are some of the more stellar financial institutions in Malaysia, while there are others like K*AP and C*MB that have lended money to shoddy GLCs that are currently in the news for corruption. So make of that what you will

Asb1 and asb2? Is this your first year since you opened asb account?

The maximum units purchasable is increased as you earn the distribution

Zeti rejected PM's request? In what way though? Since Jalil is still getting the boot, no?

Zeti memang have balls we know that. Now the government may need to remove Zeti before removing Jalil. That's some work on their side

But remember that Zeti "stepped down" from her BNM governor post, perhaps they have their own ways

Well yes, if you need to get an RM200k financing, you would have to empty your ASB account for now, since the maximum units that you can buy remains at RM200k

Once you get your distribution you will get more allocation based on the amount of your distribution

the more I see people making money off these units, rasa better off PNB/ASNB just turn off the feature to transfer funds between accounts, especially those selling them for a profit. They are not registered UTCs how can they be selling these units. The feature seems to be abused

The ASB/2/3 transfer features can stay for obvious reasons

IN some places scalping is illegal. I am not saying that it is illegal in this context, but it also doesn't make it right. Well we will see how in the coming months


it is, but it is not up to us. Ultimately it is PNB/ASNB's product. Buyers buy the share of the fund, but they don't own the fund. So if UTMC decides that they don't want to allow direct transfers, they can

hey man, it is just a discussion. Everyone speculates everything; economy, commodity prices, covid19 etc are beyond our control but we speculate all the same. In fact if anything, we should be speculating about the future availability of the transfer feature as this is much more related to ASNB fund holders

True. Sometimes I pity SS. Now kena alot by his past PH colleague, Jamil Rasheed too, now nama terchalar already

That is just wrong man. Well sorry that I was born a Bumiputra and that you were not. You don't even know what I would or wouldn't complain about if I were a non-Bumi, but you saw fit to throw that statement

The more I hear comments for Ktards about inequality, making blanket statements and applying stereotypes, the more I fell like joining PN/BN/UMNO to further champion Malay rights. You and your comments push moderates to the other side

I have no qualms about it; I can probably expand my businesses too - why not, I am an honest and competent businessman, I can enrich myself and help the Malays with proper and correct financial planning while I am at it

I am as moderate as a Malay can be, probably speaks English without any of <redacted> accent riddled in many of yours, yet you see fit to make comments about racism, to judge me based on my skin color, making you just as bad, if not worse than the people you despise

As for my comment about the transfer feature for ASB/2/3 between members to stay is because factually, Bumis have not fully subscribed to the ASB so there are plenty of units going around. Transfers made between members of these funds are genuine transfers without any surcharges applied; on the other hand surcharges are akin to to sales, only UTCs including agent banks are allowed to sell these units, the SC may take action if ASNB does not

I'll join UMNO next week, in ten years time, whatever happens to me and to some extent the country is partly because of your straw that broke the camel's back

DOesn't work for us though right? Our Bumi units are in a different pool to theirs

"Bumi Free Money"

I always point out to this thread when I am selling my ASBF

"look at these non Bumis, they are fighting tooth and nail for the units. You have the chance to get 200k on the spot, so why not?"

Easy sell