AS1M-Dismal /Subscription Performance

The Amanah Saham 1Malaysia (AS 1 Malaysia) has attracted 244,117 investors who have subscribed 3.40 billion units in the equity income fund.

He said three billion units, of RM1 each, reserved for the Chinese saw a take-up rate of 89 per cent.

The RM10 billion fund, launched by Prime Minister Datuk Seri Najib Tun Razak on July 31, 2009, is open to Malaysians aged 18 and above on a quota basis whereby 50 per cent of the shares are allocated for Bumiputeras, 30 per cent Chinese, 15 per cent Indians and the remaining 5 per cent to other groups.