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
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