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

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beLIEve
post Dec 24 2019, 12:36 PM

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QUOTE(ikanbilis @ Dec 24 2019, 12:33 PM)
ASM3 got racial quota lah i.e. 50:30:15:5
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latest revision say no woh.
ikanbilis
post Dec 24 2019, 12:39 PM

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QUOTE(beLIEve @ Dec 24 2019, 12:36 PM)
latest revision say no woh.
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Not possible lah. Recently pnb only said malay quota not filled by malays
beLIEve
post Dec 24 2019, 12:42 PM

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QUOTE(ikanbilis @ Dec 24 2019, 12:39 PM)
Not possible lah. Recently pnb only said malay quota not filled by malays
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maybe they also dont know their prospectus. end of the day, it's what programmed in the system that matters.

strange that they expect Malays/bumi to fill quota of non-bumi funds. lower dividend, who wants to fill
beLIEve
post Dec 24 2019, 12:54 PM

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QUOTE(ikanbilis @ Dec 24 2019, 12:39 PM)
Not possible lah. Recently pnb only said malay quota not filled by malays
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i assume uplift already lah, since latest revision did not say reserved quota.

https://www.thestar.com.my/business/busines...saham-1malaysia

AS1M, which has an allocation of 50% for bumiputra investors, 30% for Chinese, 15% for Indians and the remaining 5% for other ethnic groups, has sold some 2.8 billion units. Idris said the decision to uplift the quota would be made before Dec 31.
ikanbilis
post Dec 24 2019, 01:18 PM

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QUOTE(beLIEve @ Dec 24 2019, 12:54 PM)
i assume uplift already lah, since latest revision did not say reserved quota.

https://www.thestar.com.my/business/busines...saham-1malaysia

AS1M, which has an allocation of 50% for bumiputra investors, 30% for Chinese, 15% for Indians and the remaining 5% for other ethnic groups, has sold some 2.8 billion units. Idris said the decision to uplift the quota would be made before Dec 31.
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If your news back in 2009 is accurate, how do you explain this news in 2017 that says rm2b of as1m not taken up by bumis?

https://themalaysianreserve.com/2017/03/31/...-by-bumiputera/



beLIEve
post Dec 24 2019, 01:28 PM

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QUOTE(ikanbilis @ Dec 24 2019, 01:18 PM)
If your news back in 2009 is accurate, how do you explain this news in 2017 that says rm2b of as1m not taken up by bumis?

https://themalaysianreserve.com/2017/03/31/...-by-bumiputera/
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no idea. unless they are referring to initial launch's quota. after that can sell to any race unlike ASM 2
beLIEve
post Dec 25 2019, 04:46 AM

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QUOTE(ikanbilis @ Dec 24 2019, 01:18 PM)
If your news back in 2009 is accurate, how do you explain this news in 2017 that says rm2b of as1m not taken up by bumis?

https://themalaysianreserve.com/2017/03/31/...-by-bumiputera/
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From Product Highlight Sheet :

ASM 1 Fund Allocation • Not applicable.

ASM 2 : Fund Allocation • Minimum of 51% of the approved fund size is for eligible Malaysian Bumiputera, while the remaining 49% is for eligible Malaysians.

ASM 3: Fund Allocation • N/A

So I think the 2b you mentioned is from the IPO.
2048 P
post Dec 26 2019, 10:29 AM

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want to sell my asm3 units, 2% fee...anyone interested?
beLIEve
post Dec 26 2019, 10:49 AM

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QUOTE(2048 @ Dec 26 2019, 10:29 AM)
want to sell my asm3 units, 2% fee...anyone interested?
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should state how many units available lah. if few thousand, can hunt sdn bhd. if few hundred thousand, worth considering
2048 P
post Dec 26 2019, 10:59 AM

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QUOTE(beLIEve @ Dec 26 2019, 10:49 AM)
should state how many units available lah. if few thousand, can hunt sdn bhd. if few hundred thousand, worth considering
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from 1k to 10k only...btw we can transfer few hundred thousand also?do asnb set the limit?
2048 P
post Dec 26 2019, 11:01 AM

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quick question...is the best day to do units transfer is on first day of a month, benefit to both party
wild_card_my
post Dec 26 2019, 11:01 AM

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QUOTE(beLIEve @ Dec 26 2019, 10:49 AM)
should state how many units available lah. if few thousand, can hunt sdn bhd. if few hundred thousand, worth considering
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Plus that is a new user, under probation some more. Not afraid kena scam?
beLIEve
post Dec 26 2019, 11:10 AM

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QUOTE(2048 @ Dec 26 2019, 10:59 AM)
from 1k to 10k only...btw we can transfer few hundred thousand also?do asnb set the limit?
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i dont have so much money to buy, so never try. other big whales aka unkers could be interested

QUOTE(2048 @ Dec 26 2019, 11:01 AM)
quick question...is the best day to do units transfer is on first day of a month, benefit to both party
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yes

QUOTE(wild_card_my @ Dec 26 2019, 11:01 AM)
Plus that is a new user, under probation some more. Not afraid kena scam?
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2% for small amount don't want lah
ikanbilis
post Dec 26 2019, 11:10 AM

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QUOTE(wild_card_my @ Dec 26 2019, 11:01 AM)
Plus that is a new user, under probation some more. Not afraid kena scam?
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Exactly. Only deal with senior members with proven track record of successful transfers. tongue.gif

beLIEve
post Dec 26 2019, 11:48 AM

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QUOTE(ikanbilis @ Dec 26 2019, 11:10 AM)
Exactly. Only deal with senior members with proven track record of successful transfers. tongue.gif
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you should set some track record selling ASM1 la
ikanbilis
post Dec 26 2019, 12:04 PM

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QUOTE(beLIEve @ Dec 26 2019, 11:48 AM)
you should set some track record selling ASM1 la
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ASM1, 2% fee, anybody wants? blush.gif

MGM
post Dec 26 2019, 12:27 PM

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QUOTE(2048 @ Dec 26 2019, 10:59 AM)
from 1k to 10k only...btw we can transfer few hundred thousand also?do asnb set the limit?
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Buying n selling of >=rm25k might need to file bnm report.
ikanbilis
post Dec 26 2019, 12:44 PM

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QUOTE(MGM @ Dec 26 2019, 12:27 PM)
Buying n selling of >=rm25k might need to file bnm report.
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Rm25k buying limit per day by cash lah. If by other method no limit

For selling there is no mention i guess is no limit if by bank. Cash withdrawal limit should be rm25k

If need to file bnm, it should be asnb to do so with the “know your customer” declaration form.

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This post has been edited by ikanbilis: Dec 26 2019, 12:46 PM
alexkos
post Dec 26 2019, 12:45 PM

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Ayam ammo piling up. Always cannot get sad.gif

This post has been edited by alexkos: Dec 26 2019, 12:45 PM
wild_card_my
post Dec 26 2019, 12:53 PM

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banks and other financial institution would be doing their own reporting if the transacted amount goes above the reporting threshold. You do not need to do any reporting to them



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