ASW 2020 NON-BUMIPUTRA UNITS FULLY SUBSCRIBED.
BUMIPUTRA UNITS STILL AVAILABLE.

APRIL 27, 2009.

 

Johor Bahru - All the non-Bumiputra portion of the 2.0 billion additional units of the Amanah Saham Wawasan 2020 opened for subscription today have been fully subscribed.

A total of 980 million units, capped at 20,000 units per accountholder were all snapped up at 11.50am .

The sale of ASW 2020 is subject to a 51 per cent quota for Bumiputra and 49 per cent for non-Bumiputra.

Sale of the units had started simultaneously at 8.00 am at Amanah Saham Nasional Berhad (ASNB) branches and Pos Malaysia network nationwide, and at 9.15 am at ASNB agents’ comprising Maybank, CIMB and RHB.

Transactions went smoothly and prospective investors were treated on a first come first served basis.

PNB President and Group Chief Executive Officer Tan Sri Dato’ Hamad Kama Piah Che Othman thanked the investors for their continued loyalty and support of ASNB products.

“Today’s sale completed in just a few hours reflects the confidence of the non-Bumiputra investors towards ASNB’s products,” he said in a statement issued today.

He said those who missed out on the Amanah Saham Malaysia and ASW 2020 can still subscribed to variable-priced unit trust fund such as the Amanah Saham Gemilang and Amanah Saham Nasional 3.

An investor had queued as early as 4am at the ASNB main counter in Jalan Tun Razak to ensure a better chance of securing the units.

Long queues were also spotted at the Kuching ASNB office and at the Minggu Saham Amanah Malaysia (MSAM) site here early this morning.

ASW 2020 is a fixed price unit trust fund and opened to all Malaysians aged 6 months and above. It is also listed in the Employees Provident Fund withdrawal scheme.

It was launched in August 1996 with a fund size of 3 billion units. Its total fund size now stood at 12.42 billion units.