One billion new Wawasan 2020 units up for sale

November 26, 2008


NST Online » Local News
2008/11/26
One billion new Wawasan 2020 units up for sale
KUALA LUMPUR: Amanah Saham Nasional Bhd, a wholly owned subsidiary of Permodalan Nasional Bhd (PNB), has announced one billion additional new units of Amanah Saham Wawasan 2020, to be opened for subscription beginning tomorrow.
To ensure a fair distribution, the public can only invest up to 10,000 units per account holder between tomorrow and next Wednesday. The maximum investment limit will be void after the offer period.

Transactions will begin at 8am at all 10 ASNB full operation offices nationwide. Unit holders can also subscribe to the new units at the 1,627 ASNB agents’ branches nationwide, subject to their operating hours.

ASW 2020 is a fixed-priced equity fund open to all Malaysians aged six months and above. It is also subject to a quota of 51 per cent for Bumiputera and 49 per cent for non-Bumiputeras.
Investors can also invest in the ASW 2020 using the Employees Provident Fund member’s scheme.

Launched 12 years ago, the fund will grow from initial three billion units to 10.42 billion units after tomorrow.

ASW 2020 created a record when the non-Bumiputera subscription quota was fully subscribed in 27 minutes when one billion new additional units were launched on Sept 1, 2006.

 
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