Wednesday, August 5, 2009

Amanah Saham 1 Malaysia

Wednesday, August 5, 2009
I was surprised that my mum talked about Amanah Saham 1 Malaysia (AS1Malaysia) for few days. She encouraged me to buy some units of the new saham. I did some research on it and would like to share the information with you all briefly.

Amanah Saham 1 Malaysia will be laucnhed on 5 August 2009 for 30-day offer period. It will be opened to those aged between 18 and 55. AS1Malaysia likes a fixed deposit that comes with the return of 3.7 to 4 percent. The fund will be priced at MYR1 per unit with a total fund size of about MYR120 billion. The subscription of the units will be allocated for Bumiputeras, Chinese, Indians and others with the ratio of 50:30:15:5 respectively.

The AS1Malaysia definitely will become a hot cake for public subscription especially to the older generation. The crowds and long queues are unavoidable. So, I don't think I will purchase the new saham unless...

3 comments:

Ken

you should have told me about this earlier so that i could share with you other things which is far much better than a fix deposit call Mutual Funds...please do some research on it and I'll explain how it works ya...

call you later, i'm rushing off to work..

-Hui Zhi-

agree =)

devilwearsprada

I heard there are people Q-up 5a.m. in da morning just to buy the this saham. OMG!!!

 
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