Budget 2023: ASB, ASB 2 limit raised to RM300,000

Politics
24 Feb 2023 • 7:38 PM MYT
Media Selangor (EN)
Media Selangor (EN)

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KUALA LUMPUR, Feb 24 — 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 Datuk Seri 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.

Anwar added this step coincides with the government’s efforts in supporting the increase of equity among the Bumiputera community in the country.

— Bernama