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ASM 5% ROI per annum cannot compensate for inflation rate

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I have no clue on why there are people willing to put their hard earned money with a body managed by a corrupt government. The money most likely is channeled for the bailouts on companies owned by UMNO cronies.

My mum learnt a hard lesson in Johor trust fund where non-bumi subscribers are discriminated for the principal refunding exercise.

Investors in rush to snap up ASM shares By YUEN MAIKENG

PETALING JAYA: The public made a beeline to Amanah Saham Nasional Bhd (ASNB) branches and agents nationwide to buy share units as an insurance against the effects of the economic slowdown.

Many bought the Amanah Saham Malaysia (ASM) units, which were made available to the public yesterday, because they were attracted to the minimum 5% return on investment.

Architectural designer Benjamin Thomas, accompanied his sister, Melissa, to the Maybank branch in SS2 for the purchase.

The long queue had Melissa in two minds but Benjamin persuaded her to be patient because the purchase was worth it.

The 53-year-old, a regular investor said: “Throughout the years, I have invested 150,000 units and the returns have allowed me a bit of luxury, such as taking my […]