1.6 Billion ASM Units Official Announcement from ASNB

Above image is the portion of the official announcement from Amanah Saham Nasional Berhad (ASNB) regarding the additional 1.6 billion Amanah Saham Malaysia (ASM) units open for subscription to Malaysian from 21 July 2009 onwards.

It informs that the maximum investment amount is RM 20000 for seven days until 27 July 2009 (Monday), that means 6 working days since 25 July and 26 July is Saturday and Sunday.
After 27 July, investors can subscribe the ASM without any limitation and is subject to availability of ASM units.

It also informs the method of investment :-

Investment in cash and bank draft can be made at ASNB offices as below,
- Kuala Lumpur
- Putrajaya
- Shah Alam
- Ipoh
- Alor Setar
- Kangar
- Kota Bahru
- Kuala Terengganu
- Melaka
- Johor Bahru
- Seremban
- Kuching
- Kota Kinabalu

* For all the ASNB offices, please refer to Amanah Saham Nasiona Berhad (ASNB) Office Addresses

Investment in cash are available at
- more than 1600 branches of ASNB agents (CIMB, Maybank, RHB and Post Office) nationwide.

It probably means that bank draft is accepted at above mentioned ASNB offices only, for other offices and the ASNB agents only accept cash investment.

The easier way is to do a direct transfer from the respective agent banks account provided that you do have saving, current or fixed deposit account with either CIMB, Maybank or RHB bank.

Any further inquiries can direct to,

Jabatan Perhubungan Pelanggan dan Ejen,
UG Balai, 201-A Jalan Tun Razak,
50400 Kuala Lumpur

Tel: 03-205730000/03-20573111
Fax: 03-20505220
Email: asnbcare@pnb.com.my

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Related Information :
ASNB FAQ on Claim of Deceased Account
ASM and ASW 2020 Dividend Rate
Amanah Saham Nasiona Berhad (ASNB) Office Addresses
Fees and Expenses of ASW 2020 and ASM
Amanah Saham Malaysia (ASM) Fund Information
Amanah Saham Wawasan 2020 (ASW 2020) Fund Information

Events

NOVEMBER

Amanah Saham 1Malaysia (AS 1Malaysia) Open for Sale

Sales Period : 4 September 2009 onward no maximum limit.

Fund Size : 10 billion units

50% - Bumiputras, taken up 3%, balance 4.85 billion units
30% - Chinese, taken up 78.5%, balance 645 million units
15% - Indians, taken up 20%, balance 1.2 billion units
5% - Other Minorities

Sales Update : 2.75 billion units sold, 11 November 2009

Agents : ASNB Office*, CIMB, Maybank, RHB and Pos Malaysia

*Investment in cash and bank draft can be made at all ASNB offices except Butterworth, Sandakan, Tawau, Miri, Sibu and Sri Aman, which only accept bank draft.

Amanah Saham 1Malaysia Dividend Benchmark

4 comments

jennifergkm // July 21, 2009 9:20 PM

Hi,

Do you know if there are any more units available as of today after close of banking hours?

Thanks.
Fortune Sense // July 21, 2009 10:04 PM

Hi Jennifer

Till now, there is no news related to the sold out of the 1.6 billion ASM units.

Judge by this, there should still have available ASM units for the public.

Wish you have your portion of ASM investment units.
Kris // July 21, 2009 11:35 PM

If so this is very weird, as during the previous sale, there were not many people queueing up to buy..but today every isolated/hidden agent banks, there are tons of people queueing up.
Fortune Sense // July 22, 2009 9:02 PM

Hi Kris

According to news, PNB announced sold out of the 1.6 billion ASM units.

If the 1.6 billion ASM sold out by noon of 22 July 2009 means it takes around 1 and the half days for the total subscription of 1.6 billion ASM units.

During last April ASM sale period, the allocation for Chinese (around 1 billion units) also all being snapped up in one and the half days.

Probably this mean for this time more people queue up to subscribe to the ASM unit even in as you said the isolated/hidden agent banks.