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Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, August 19, 2009

Amanah Saham 1 Malaysia

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1.9 Billion AS1M Units Subscribed

PUTRAJAYA, Aug 19 (Bernama) -- Permodalan Nasional Bhd (PNB) announced Tuesday an estimated 1.9 billion Amanah Saham 1Malaysia (AS1M) units have been subscribed since it opened for public subscription on Aug 5, 2009.

Its President and Group Chief Executive, Tan Sri Hamad Kama Piah Che Othman, said 10 billion AS1M units, priced at RM1 per unit, is being offered for sale to all Malaysians aged 18 years and above.

"So far, about 1.9 billion AS1M units have been sold. There is still a lot more units available for subscription," he told reporters after handing over prizes to winners of PNB Investment Quiz 2009 here tuesday.

Malaysians, aged 55 and below, can purchase a maximum of 50,000 units while those above 55 years can subscribe up to 100,000 units of the units which was launched by Prime Minister Datuk Seri Najib Tun Razak on July 31, 2009.

The fixed income fund has similar features as Amanah Saham Wawasan 2020 and Amanah Saham Malaysia.

-- BERNAMA

Wednesday, August 5, 2009

Take your opportunity now

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Amanah Saham 1Malaysia open for subscription

The Amanah Saham 1Malaysia (AS 1Malaysia) unit trust starts selling today.

Malaysians aged 18 and above may subscribe for the units at RM1 each at Amanah Saham Nasional Bhd offices that provide a full range of services as well as the more than 1,600 agents, including Malayan Banking, CIMB Bank, RHB Bank and Pos Malaysia, nationwide.

The fund, with an approved fund size of RM10 billion, will be managed by state-owned investment fund manager Permodalan Nasional Bhd.

The public can invest in at least 100 units. First-year students in public universities will each be given 100 units free.

There will be no maximum limit for investors. However, for 30 days from today, there will be a maximum investment limit of 50,000 units.

During this period, Malaysians aged 55 and above will get a special offer: they can buy as much as 100,000 units each.

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