ASB

ASB in Malaysia predominantly refers to Amanah Saham Bumiputera.

Amanah Saham Bumiputera ASB Corporate Introduction:

Amanah Saham Bumiputera ASB is a prominent unit trust fund in Malaysia, managed by Amanah Saham Nasional Berhad ASNB, a wholly-owned subsidiary of Permodalan Nasional Berhad PNB. Established in 1990, its primary objective is to encourage Bumiputera participation in the Malaysian economy and offer them a stable and competitive long-term investment avenue. ASB maintains a fixed unit price of MYR 1.00, allowing investors to benefit from annual dividends and bonuses. The fund strategically invests in a diverse portfolio comprising Malaysian equities, fixed-income instruments, and other assets, playing a crucial role in wealth creation for Bumiputera individuals across the nation.

Regarding whether ASB is a factory or a trading company:

ASB Amanah Saham Bumiputera is neither a factory manufacturer nor a trading company. It functions as a financial investment fund. Its core business revolves around managing investments and generating returns for its unitholders, rather than producing physical goods or engaging in the trade of commodities.

ASB (Amanah Saham Bumiputera) itself does not manufacture or sell products. It is a unit trust fund company in Malaysia. The funds invest in a diversified portfolio of assets, including shares of public listed companies and other investments. The returns are then distributed to unit holders as dividends. ASB provides investment opportunities, not physical products.