30th anniversary: ASB’s investment facilities have undergone evolution – PNB

by BERNAMA/ pic by TMR FILE

AMANAH Saham Bumiputera (ASB) celebrates its 30th anniversary today with the theme, “Aspirasi Anda, Amanah Kami” (Your aspirations, Our entrustment).

ASB is managed by Amanah Saham Nasional Bumiputera (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB).

PNB group chairman, Tan Sri Dr Zeti Akhtar Aziz in her message noted ASB’s growth to become the largest unit trust fund in the country with wide ranging investments in various financial assets and major national companies.

“Throughout this 30-year period, ASB has provided dividend returns and bonus amounting to RM151.9 billion to our unit holders, despite at times being confronted with challenging economic crises,” she said in a statement released by PNB.

ASB has unique features as it is a RM1 fixed price fund and only requires an initial investment as low as RM10. As of June 15, ASB has more than 10 million unit holders with RM169 billion units in circulation.

Meanwhile, PNB president and group chief executive Ahmad Zulqarnain Onn said various improvements had been introduced for the convenience of investors.

“In the past, ASB officers had to go on-ground and into villages and rural areas to introduce ASB, and were recording investor transactions in investment books manually.

“But today, ASB’s investment facilities have undergone an evolution, from a network of agents and post offices, then improved with internet banking, and most recently introducing the myASNB portal and mobile application,” he said.

He also said investors could now name the beneficiaries for their investments in ASB through Hibah Amanah and Declaration of Trusts.

In conjunction with ASB’s 30th anniversary, ASNB has organised two investment campaigns and a contest with prizes worth more than RM1 million, said its chief executive officer and executive director, Mohammad Hussin.

He said the two campaigns, ‘Kumpul dan Menang’ and ‘Jom Auto Labur’, will both run from Aug 1 until Dec 17, 2020.

As regards the contest, it is for an ASB short video based on four categories, LIGHTS, CAMERA & ACTION, Detik Indah ASB, and Cerita Labur Adik and Cerita Labur Si Cilik.

The closing date for entries is Sept 30, 2020.

Further information may be obtained via https://www.asnb.com.my/asb30tahun.php.