Monday, September 10, 2007

Amanah Saham Wawasan 2020. So far return is higher than Fixed Deposit and is a fixed fund.

Permodalan Nasional Bhd’s unit Amanah Saham Nasional Bhd will make available 2.06 billion new units of Amanah Saham Wawasan 2020 (ASW 2020) for the public to subscribe on Sept 12.

PNB president and chief executive officer Tan Sri Hamad Kama Piah said the offer would commence at all ASNB offices and 1,400 agents’ outlets nationwide at 9.30am.

“To ensure fair distribution to the investing public, a maximum limit of 20,000 units has been set per account holder during the offer period from Sept 12 to 25,” he said.

Under the new offer, 60 million units have been allocated for the disabled to provide them with hassle-free transactions.

Hamad said the disabled must produce the Disabled Identification Card issued by the Social Welfare Department when making transactions.

ASW 2020 is a fixed-priced equity fund open to all Malaysians aged six months and above and is subject to a 51:49 bumiputra and non-bumiputra quota. Each unit is priced at RM1.

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