KUALA LUMPUR, Feb 24 — Prime Minister Datuk Seri Anwar Ibrahim announced that the individual investment limit for both Amanah Saham Bumiputera (ASB) and Amanah Saham Bumiputera 2 (ASB2) will be increased to RM300,000 from the current RM200,000.

In the Budget 2023 tabling in Parliament today, Anwar, who is also the finance minister, said the government has also agreed to expand the fund size of Amanah Saham Malaysia (ASM) by RM5 billion.

Anwar previously said there would be an increased dividend distribution for the ASB this year.