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Sunday October 6, 2013 MYT 12:00:00 AM
Sunday October 6, 2013 MYT 2:27:08 PM
by rintos mail
Warm greetings: Taib sharing a light moment with a unit trust holder during the event. — Bernama
KUCHING: Chief Minister Tan Sri Abdul Taib Mahmud believes more rural Sarawakians will invest in ASNB in the near future.
He said this was because most of the rural areas had roads, although some may not be of good quality.
He said roads would result
in more estates and industries being developed, which would eventually provide mores jobs for the people.
“Because of better income and easier travel to town, I believe many will invest in ASNB shares.
“Before this, there were some imbalances, so most ASNB shareholders are in Kuching,” he said at the launch of Inheritance Wealth Service here yesterday.
The service helps resolve un-claimed inheritance (harta pusaka).
ASNB now provides the Hibah Amanah and Trust Declaration (Pengisytiharan Amanah) facility to all its 11.61 million unit holders to facilitate the distribution of the unit holder’s investments in an efficient and timely manner.
Hibah Amanah is effective from the time it is formalised.
However, unit holders can continue to own and receive benefits from their investments throughout their lives, and the distribution of their investments will take effect when claims are made by the trust recipients after the demise of the respective unit holders.
The distribution of the deceased unit holder’s investment under ASNB’s Hibah Amanah can be concluded 30 days after ASNB is notified. Unit holders can visit any ASNB branch office to make their applications.
Tags / Keywords:
Government, East Malaysia, ASNB, taib, hibah
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