Budget 2023 raises ASB, ASB2 limit to RM300,000


Prime Minister Anwar Ibrahim says the government agreed to increase the size of Amanah Saham Malaysia’s fund by RM5 billion. – The Malaysian Insight pic by Seth Akmal, February 24, 2023.

THE maximum individual limit for Amanah Saham Bumiputera (ASB) and Amanah Saham Bumiputera 2 (ASB2) will be increased to RM300,000 from RM200,000 previously, said Prime Minister Anwar Ibrahim.

“This administration also agreed to increase the size of Amanah Saham Malaysia’s fund by RM5 billion,” he said when presenting Budget 2023 in the Dewan Rakyat today.

The prime minister also said that this step coincides with the government’s efforts in supporting the increase of equity among the country’s Bumiputera community. – Bernama, February 24, 2023.


Sign up or sign in here to comment.


Comments