Posted by: mylittlesnow | April 27, 2009

ASW 2020 sold out in less than 4 hours!!!

Yet again, i did not manage to buy any units for ASW 2020. This is absolutely ludicrous! Even if everyone is just allocated RM20k max investment, i think this trust fund easily outsold any hot cakes available out there!

Well, i went to the bank at around 10:30am today and by that time, there was already a long queue. And i think easily, i waited around 1 hour and i tried to monitor the queue at the front of the counter and i notice that it’s still the same customer waiting for her turn! I look back and told my wife that i don’t think we’re gonna make it since there’s easily 50 people in front of us so in the end we decided to abandon the plan to invest in ASW.

And true enough, by around 11:45am, i heard that the fund is sold out completely. Damn, isn’t that fast? Later on, after lunch, i went back to the bank to update my personal information for ASW and i saw a few ASW books lying around at the front of the counter. And by that time, there wasn’t any customer left and i was wondering how come there’s still ASW investment book lying around. And then i accidentally saw the customer’s particular and it turns out that the customer is my wife’s colleague.

We got back and ask him how the heck did he manage to open 3 accounts! And guess what’s the answer? Damn, looks like he went through back door. It’s an inside job. Now that explains why the counter is being hold up for 1hr plus early this morning, that explains why it took so long just to process one customer application, because before that, the bank ppl were busy buying units for their internal customer.

Again, that’s how things work in Malaysia. The key word here is ‘Connection’. 🙂 If you ain’t got the connection, things ain’t gonna be easy for ya. Damn, any big boss from banks wanna have a cuppa tea with me? Cause i wanna be your friend…hehehe….

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Responses

  1. […] freeweelee put an intriguing blog post on ASW 2020 sold out in less than 4 hours!!!Here’s a quick excerptYet again, i did not manage to buy any units for ASW 2020. This is absolutely ludicrous! Even if everyone is just allocated RM20k max investment, i think this trust fund easily outsold any hot cakes available out there! Well, i went to the bank at around 10:30am today and by that time, there was already a long queue. And i think easily, i waited around 1 hour and i tried to monitor the queue at the front of the counter and i notice that it’s still the same customer waiting for her turn! I look […]


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