ASB, ASB2 investment ceiling raised to RM300k

The government will raise the investment ceiling for the bumiputera-exclusive unit trust fund Amanah Saham Bumiputera (ASB) and ASB 2 to RM300,000.

Finance Minister Tengku Zafrul Abdul Aziz said this is in line with the government's bumiputera enhancement agenda - and said loan facilities to prescribe to the unit trust will be made available...