ASNB eyes 1m unitholders annually through GOinvest

SHAH ALAM: Permodalan Nasional Bhd’s wholly owned subsidiary Amanah Saham Nasional Bhd (ASNB) expects to onboard more than one million unitholders yearly to invest in its unit trusts through its partnership with TNG Digital Sdn Bhd’s (TNGD) eWallet, GOinvest feature launched today.

According to CEO Muzaffar Othman, it has 12 million individual unitholders and 15 million unit trust accounts, while TNGD has about 21 million users. Through the partnership, it hopes to tap into the significant overlap between its unitholders and the latter’s users.

“We don’t have the numbers yet, however we hope to onboard a million people annually as we have a big overlap. Hence, we hope for at least a million ... or more,” he told reporters during the press conference at the launch of ASNB Investment on Touch ‘n Go eWallet today.