All that commotion on the ASM and ASW Wawasan 2020 quotas

by Penny on April 29, 2009



I wrote in my earlier post about how the unsold units of the Amanah Saham Nasional are such a waste if they are still kept unopened to interested investors come the end of the initial offer period.

With the recent developments of the Indians complaining that certain banks are telling them that the Indian quota units have all been sold out when a check indicates that the quota has not been fully subscribed draws to light how all these practises are not transparent at all.

Why do we even need to sell the units by quotas to different races? If we are now striving to be 1 Malaysia under Najib’s new leadership, I’d say let’s do away with such division of privileges and let the ASM and ASW Wawasan 2020 bond units be free flowing for all kinds of investors to purchase.

You can limit an individual’s purchase so that everyone gets a fair chance to buy some of these good bonds as investments, but no quotas, please!

Share this post:
  • Digg
  • Facebook
  • LinkedIn
  • Ping.fm
  • StumbleUpon
  • Technorati
  • TwitThis

Related Posts

5 comments

{ 5 comments… read them below or add one }

1 Dan April 29, 2009 at 12:35 pm

Yes, NO QUOTA. At the maximum, a quota based on INCOME LEVEL, not RACE.

2 tekkaus April 29, 2009 at 1:26 pm

Yes! No QUOTA! I believe the government should be fairer!

3 Penny April 30, 2009 at 2:08 am

At least I’m not alone in feeling this way…

4 Jow Laboo July 21, 2009 at 3:30 pm

I’m a Malay and I’m proud to say that I didn’t buy any of this Amanah Saham bs.

5 Penny July 23, 2009 at 12:23 am

So I suppose then you sure weren’t one of those who made a bee-line of a queue for it yesterday :)

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Previous post: Record earnings in Adsense. Is Google being generous?

Next post: Arab investors to spend US$300 million to build Mini Arab in Malacca