YEAR 2013

Only the best for Malaysia Business Awards 2013 – Focus Malaysia – 2 Nov 2013
Posted August 7th, 2014 in Media Release 2013
AHB Closes 2013 With A High Note
Posted October 18th, 2013 in Media Release 2013
3.25 Sen Income Distribution, Special Bonus Distribution Plus Increased Fund Size To 2 Billion Units

Pelaburan Hartanah Berhad (“PHB”) and Maybank Asset Management Sdn. Bhd. (“Maybank AM”) today jointly announced Amanah Hartanah Bumiputera’s (“AHB” or “the Fund”) second and final income distribution for 2013 of 3.25 sen a unit, giving a total income distribution of 6.50 sen a unit for the financial year ended 30 September 2013. AHB income distribution is tax-exempted and payable net of zakat. The income distribution of AHB, if any, is payable on a six-monthly basis for periods ending 31 March and 30 September each year. For cash investment, the income distribution will be directly credited into the unit holder’s bank account on 18 October 2013, while for the Employees Provident Fund (“EPF”) Member’s Investment Scheme, the income distribution will be credited into Account 1 of EPF.

The announcement of the second and final income distribution for 2013 of 3.25 sen a unit was made by Encik Nor’Azamin Salleh – Chief Executive Officer of Maybank AM.

More Good News For Bumiputera Investors

The announcement today also brought additional good news for AHB unit holders. Datuk Kamalul Arifin Othman, the Managing Director and Chief Executive Officer of PHB made a surprise announcement of a special bonus distribution of 1.00 sen a unit to be paid by PHB to loyal unit holders of AHB, thus giving a total payout of 7.50 sen a unit for 2013. The special bonus distribution will be paid together with the final income distribution on 18 October 2013.

Datuk Kamalul said “We are very grateful for the support and loyalty given by the unit holders to AHB especially to those who have been unit holders since the early years of its establishment. The total payout of 7.50 sen for 2013, we hope, will motivate more Bumiputera to invest in the beneficial ownership of prime real estate with AHB”.

In addition, Datuk Kamalul also announced that the fund size of AHB has been increased from 1.5 billion units to 2 billion units. “The increased AHB fund size is supported by new injections of beneficial ownership of several newly acquired assets by PHB, namely Menara BT at Bangsar South; Menara SapuraKencana, Solaris Dutamas and a Shopping and Office Complex known as Jaya 33 in Petaling Jaya”, said Datuk Kamalul.

Encik Nor’ Azamin Salleh said, “In light of the latest AHB income distribution of 3.25 sen a unit and the bonus payment of 1.00 sen a unit, the fund has distributed a total payout of RM51.6 million for the six-month period ended 30 September 2013. Since inception, the fund has made a total of six (6) consistent income distributions that have amounted to RM202.7 million to investors. We are pleased with the subscription of AHB thus far and we would like to see more Bumiputera investors benefitting from the prospects of the Fund with its regular and consistent income distributions”. The additional units are now opened for subscription by Bumiputera individuals aged 3 months and above at all Maybank branches throughout the country.

PHB Moves Steadily Ahead

Datuk Kamalul further shared that PHB’s prudent and strategic investments in prime real estates have been fruitful. “Since the inception of AHB in 2010, PHB have been mindful of where and how we invest the money entrusted to the Fund so that it meets its objective of providing a regular and consistent income stream whilst preserving unit holders’ investment capital. We have steadily sought and acquired prime properties that have increased the opportunities for Bumiputera investors to be part of the fair and balanced wealth creation initiative”.

Now in its seventh year, PHB is firmly established, and is looking ahead to continued success as it enters the second phase of its development – ‘Expansion’. The company’s latest acquisitions include four more properties in the Klang Valley: Menara BT – a 20-storey office building in Bangsar South, Jaya 33 in Petaling Jaya, Menara SapuraKencana at Solaris Dutamas and Block C of Dataran PHB in Shah Alam. The latter completes PHB’s ownership of the entire Dataran PHB, having previously purchased Blocks A, B, D, E, F and G. PHB’s completed assets currently hold a total value of approximately RM2.4 billion.

Datuk Kamalul further shared PHB’s current diversification plan which includes acquiring land banks for future projects. PHB is currently finalizing the acquirements of land banks throughout Malaysia. The acquirement of land banks will ensure it has the space to continue its property development programme for many years to come and provide prospective future injection into AHB.

On the status of the development of Lot G, KL Sentral, Datuk Kamalul informed that the office building known as Menara 1 Sentrum has physically been completed and is now pending the issuance of “Certificate of Completion and Compliance” by the DBKL. The building is expected to be completed at the end of 2013. “We have received good interest from several companies. Discussions are in progress which if successful will ensure almost full occupancy for the building”, said Datuk Kamalul. The other development component i.e. the retail mall known as Nu Sentral is also expected to be completed by end of 2013.

Other development currently on-going is the extension of Gleneagles Hospital at Jalan Ampang, which is on track and expected to be completed by the end of 2014.

“Diversification of our interests and revenue is important in order to maintain resilience, to ensure that PHB continues to grow and our AHB unit holders are able to enjoy the benefits,” concluded Datuk Kamalul.

PHB’s ongoing commitment to quality and excellence has garnered it the ISO 9001:2008 certification by Platinum Shauffmantz Veritas (PSV) in September 2013, covering its core business processes. The ISO 9001:2008 standard is an internationally-recognized certification for quality management systems.

Maybank AM Sees Continued Interest In Real Estate

Encik Azamin concludes by saying, “There has been a general increase in developments in suburban locations over the past three to four years due to land scarcity and high prices in the city centre. We expect to see this trend continuing into 2014 with new hotspots developing in areas such as Rawang and Southern Klang Valley which will be enhanced by public transportation projects. However, uncertainties dredged up by the looming Budget 2014 announcement and worries over Putrajaya’s cooling measures have dampened the property sector in recent days. Once there is a clearer indication on the status of Government policy and mega projects, we are of the opinion that the sector should be able to maintain its current pace amidst still healthy interest in the sector.” The AHB event today was held at Menara Maybank in Kuala Lumpur and was attended by senior managements of PHB, Maybank, Institutional Investors and members of the media.

PHB Achieves ISO 9001:2008 Certification
Posted September 24th, 2013 in Media Release 2013
Malaysia’s first Shariah-compliant real estate backed unit trust fund continues to empower Bumiputera investors and increasing property ownership

SHAH ALAM, Friday, 20 September 2013 – Pelaburan Hartanah Berhad (PHB), a real estate investment holding company and wholly-owned subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB), today has been accredited with ISO 9001:2008 (Quality Management System) by Platinum Shauffmantz Veritas (PSV).

This certification covers PHB’s core business processes of property acquisition, property development, property management and the monitoring of Amanah Hartanah Bumiputera (AHB) funds.

PHB’s Managing Director / Chief Executive Officer, Datuk Kamalul Arifin Othman, said that PHB hopes the ISO certification will boost its customers’ confidence in its product and services as the company plans to expand and enhance its operation and performance.

“Our customers are very discerning when it comes to quality of commercial assets. This puts pressure on PHB’s ability to bring quality commercial assets to the market with optimal cost and excellent maintenance. Therefore, PHB has embraced a quality ethos across all aspects of its business – from conceptualization to execution and maintenance, and had applied for theISOcertification to demonstrate the company’s commitment to quality management”.

“We’re extremely proud of this ISO certification. It represents our continued dedication to adopting world-class business and quality processes systematic across our organization to exceed our customers’ expectation,” said Datuk Kamalul.

PSV assessor said that “PHB had gone through only one audit assessment by PSV in their process of attaining the certification as PHB has put in place an effective Quality Management System that is well understood and adopted by PHB staff. Some aspects of the management system are exceeding the audit standards and distinguish itself by its performance. These include work practices without errors, service realization is proven and the result outstrips performance standards known for a specific market”.

This ISO 9001:2008 certification (Quality Management System) from Platinum Shauffmantz Veritas (PSV) is valid for three years, effective August 2013.

Platinum Shauffmantz Veritas is a global player in the certification business that offers a wide range of certification services to assist organizations to penetrate the local, regional and international markets. PSV certification is conducted accordingly to international standards, thus providing their clients the necessary assurances for them to trade in their target market anywhere in the world.

PHB and Maybank AM Announce First AHB Income Distribution for 2013
Posted April 18th, 2013 in Media Release 2013
AHB’s Additional 500 Million Units Sees Overwhelming Response

Kuala Lumpur, 15 April 2013 – Pelaburan Hartanah Berhad (‘PHB”), as the Sponsor and Maybank Asset Management Sdn. Bhd. (formerly known as Mayban Investment Management Sdn. Bhd.) (“Maybank AM”), as the Manager, today announced the interim income distribution of 3.25 sen a unit for Amanah Hartanah Bumiputera (“AHB” or the “Fund”) for the six-month period ended 31 March 2013. This translates to an effective annualised income yield of 6.6 per cent which is benchmarked against the 12 month General Investment Account-I of Maybank Islamic Berhad.

This represents a total income distribution of RM33.7 million and is the fifth income distribution made by AHB to its unit holders since its inception in November 2010. The income distribution is tax-exempted and payable net of zakat. The income distribution of AHB, if any, is payable on a six-monthly basis for periods ending 31 March and 30 September each year.

For cash investment, the income distribution will be directly credited into the unit holder’s bank account on 16 April, 2013. While for Employees Provident Fund (“EPF”) Member’s Investment Scheme, the income distribution will be credited into Account 1 of EPF.

Last year, during the announcement of the second AHB income distribution for 2012, PHB made the much-awaited announcement of an increase in AHB’s total fund size as part of its continuous effort to increase Bumiputera beneficial ownership in prime commercial real estate backed assets. With the announcement, the Fund’s size was increased to 1.5 billion units, which is equivalent to RM1.5 billion.

Encik Nor’ Azamin Salleh, the Managing Director (“MD”) and Chief Executive Officer (“CEO”) of Maybank AM said, “At the point of its launch in 2010, AHB received an overwhelming response from Bumiputera investors across the country whereby the Fund was fully subscribed in less than three (3) months upon launch date. Following that, in quarter 4 2012, when the announcement to increase the Fund’s size by another 500 million units was made, we were pleased to see the continuous positive take up rate of the additional units. Judging from these trends, it is evident that AHB was and still is popular amongst the Bumiputera investors who are looking to invest in the beneficial ownership of prime real estate backed assets with a low minimum entry point that provides competitive returns and consistent income stream. With this in mind, we urge investors who are interested to enquire on available units at Maybank branches nationwide.”

Datuk Kamalul Arifin Othman, the MD and CEO of PHB stated, “Earlier last year, we shared insights into PHB’s ‘Expansion Phase’, as PHB is active in seeking out viable properties to invest in or develop, which will be injected into AHB and consequently provide more opportunities for investors to be part of the country’s fair and balanced wealth creation initiative. Today, I’m extremely pleased to announce, with the most recent acquisition of PHB’s ninth completed property, PHB’s total value of completed assets is approximately RM1.8 billion.”

“This purchase demonstrates our focus on high quality, growth oriented commercial property investments. We foresee that it will greatly benefit AHB’s investors,” he added.

PHB’s latest acquisition consists of a 20-storey office building known as Tower 3, Avenue 7, located within Bangsar South City with high occupancy rate of 90%. The building is currently occupied by predominantly international companies. It is a MSC Malaysia Cybercentre and was awarded with Malaysian Green Building Index (GBI) provisional Gold Rating Certification.

To date, PHB’s ownership of other completed properties include Menara Bumiputra-Commerce at Jalan Raja Laut, CP Tower in Petaling Jaya, Wisma Consplant in Subang Jaya, Dataran PHB in Shah Alam, Tesco Setia Alam in Shah Alam, Menara Prisma in Putrajaya, Logistics Warehouse in Shah Alam and DEMC Specialist Hospital in Shah Alam.

Pelaburan Hartanah Berhad (PHB) Purchases Bangsar South City Office Building
Posted February 21, 2013 in Media Release 2013

Kuala Lumpur, 21 February 2013 – Pelaburan Hartanah Berhad (“PHB”), a real estate investment holding company and wholly-owned subsidiary of Yayasan Amanah Hartanah Bumiputera (“YAHB”) has entered into a Sale and Purchase Agreement (SPA) with Paramount Properties Sdn Bhd (“PPSB”), a wholly-owned subsidiary of UOA Development Bhd (“UOA“) to acquire a 20-storey office building known as Tower 3, Avenue 7, The Horizon Phase 2, Bangsar South City, Kuala Lumpur.

The SPA was signed by PHB’s Managing Director and Chief Executive Officer – Datuk Kamalul Arifin Othman and Managing Director of UOA – Mr. Kong Chong Soon.

Tower 3, Avenue 7 is located within Bangsar South City, a 60-acre fully integrated residential cum commercial address that stands apart from the rest with its central location, excellent information technology infrastructure and transport connectivity plus a host of retail, service and recreational facilities. It has a MSC Cybercentre status as well as the Malaysian Green Building Index (GBI) provisional Gold Rating Certification.

Bangsar South City is accessible from Federal Highway onto Jalan Kerinchi and from New Pantai Expressway (NPE) onto Jalan Bukit Angkasa and Jalan Kerinchi. The area is also seamlessly connected to Kerinchi LRT Station (Putra Line) via a covered pedestrian bridge that links across the Federal Highway. The office towers are currently occupied by predominantly international companies.

The acquisition of Tower 3, Avenue 7 by PHB serves as part of its continuous efforts to promote Bumiputera beneficial ownership of prime commercial real estates in major cities. Speaking on the latest acquisition, Datuk Kamalul Arifin Othman – Managing Director and Chief Executive Officer of PHB said, “This purchase demonstrates our focus on high quality, growth oriented commercial property investments. We believe that it will be an important and valuable asset that will provide continuous and stable rental income that will benefit our Amanah Hartanah Bumiputera (AHB) investors.”

With the acquisition of PHB’s 9th completed property, PHB’s total value of completed assets is RM1.8 billion.

“We are extremely pleased to welcome PHB as one of the owners at Bangsar South City. The commitment by PHB to become part of this unique integrated city development will further solidify Bangsar South City’s position as the preferred business and lifestyle hub within Kuala Lumpur’s dynamic cityscape,” said Kong Chong Soon, Managing Director of UOA.

To date, PHB’s ownership of other completed properties include Menara Bumiputra-Commerce at Jalan Raja Laut, CP Tower in Petaling Jaya, Wisma Consplant in Subang Jaya, Dataran PHB in Shah Alam, Tesco Setia Alam in Shah Alam, Menara Prisma in Putrajaya, Logistics Warehouse in Shah Alam and DEMC Specialist Hospital in Shah Alam.

Apart from the above completed properties mentioned, PHB also has two (2) projects that are currently under development – a brand new 10-floor healthcare facility at Gleneagles Hospital Kuala Lumpur and an integrated commercial development known as Lot G in KL Sentral which consists of a 7-storey ‘green’ lifestyle retail mall named Nu Sentral and a 27-storey office Tower known as Menara 1 Sentrum.