YEAR 2014

New Specialist Hospital To Boost KPJ’s Earnings By 2020
Posted October 30th, 2014 in Media Release 2014

-State-of-the-Art Specialist Centre Would Solidify Company’s Commitment to Healthcare-

Kuala Lumpur, 16th October 2014 – KPJ Healthcare Berhad (KPJ), one of the leading healthcare service providers in Malaysia, will boost its commitment to quality healthcare in the country with the development of its new specialist centre in Sungai Penchala Damansara, which is expected to be completed by 2018.

The project, which will begin in 2015, is set to be developed by Nadayu Properties Berhad (Nadayu) on a 2.8-acre site within the district of Sungai Penchala Damansara, which will be sold by Nadayu to Pelaburan Hartanah Berhad (PHB) and subsequently will be leased to KPJ.

The three cornered MoU signing ceremony, which was held earlier today was witnessed by Minister in the Prime Minister’s Department – Economic Planning Unit, YB Dato’ Sri Abdul Wahid Omar.

Managing Director of KPJ, Dato’ Amiruddin Abdul Satar said the proposed new 300-bed hospital shall be equipped with the latest state-of-the-art facilities and the 460,000 square feet development would be leased by PHB to KPJ for 15 years upon its completion in 2018.

“This new hospital is built to increase our presence as a serious medical tourism player in the region. It is truly in line with the company’s expansion plan to provide the best possible services for the industry as the number of healthcare travellers into Malaysia had doubled in 2013 from 2007 to 770,134 patients, as reported by the Malaysia Healthcare Travel Council (MHTC)”, said Dato’ Amiruddin. Today, KPJ’s health tourism patients are mainly from Indonesia as well as other countries such as Australia, New Zealand, Somalia, Singapore, India, and the Middle East.

To date, KPJ has the largest private healthcare network in Malaysia with over 25 private specialist hospitals. KPJ also has presence abroad via two hospitals in Jakarta, Indonesia; a strategic investment in a hospital in Bangkok, Thailand; a hospital in Dhaka, Bangladesh; and an aged care and retirement resort in Brisbane, Australia.

KPJ is on track to meet its target of establishing ten (10) hospitals across Malaysia between now and 2018 by adding two hospitals annually.

When asked about the location choice, Managing Director andChief Executive Officer of PHB, Datuk Kamalul Arifin Othman stressed that the development is strategically located in the perfect integrated lifestyle commercial community surrounded by the landmark development of Empire City.

“The hospital will also serve the growing population within the areas of Sungai Penchala, Damansara, Bandar Utama, Mont Kiara, Sri Hartamas and Kepong,” he said.

He also noted that plans have been put into gear for future developments which will be complementing the hospital as part of a contiguous master plan for approximately 6.2 acres around the area.

“This development complements the existing commercial strip along the Malay reserve land next to Lebuhraya Damansara-Puchong, hence, it is in line with the government’s aspiration to realise the value for Malay reserve land,” he added.

PHB’s participation in the project would be its third property in the healthcare industry, increasing its current portfolio in private healthcare in prime locations. In 2011, the company acquired DEMC Specialist Hospital in Shah Alam. Apart from that, PHB is currently developing a brand new healthcare facility at Gleneagles Hospital Kuala Lumpur, which is scheduled to be completed in 2015.

Nadayu has an excellent track record and vast experience in developing high-end projects which bodes well for the project. The company is well-known for its creative innovation especially with property design and conceptualisation, which is reflected by some of its key developments including Nadayu Melawati luxury bungalows, Nadayu63 serviced apartment in Melawati, Nadayu28 luxury condominium in Bandar Sunway and Nadayu92 landed homes in Kajang.

“We are especially pleased that our holistic approach in design and build today has gained the attention of project owners and end users as a means of creating value-added features to any development project”, said Executive Chairman of Nadayu, Hamidon Abdullah.

PHB and MAM Announce Final Income Distribution 2014 for AHB Fund
Posted October 30th, 2014 in Media Release 2014

Kuala Lumpur, 9 October 2014 - Pelaburan Hartanah Berhad (“PHB”) and Maybank Asset Management Sdn. Bhd. (“MAM”) today announced Amanah Hartanah Bumiputera’s (“AHB” or the “Fund”) final income distribution for financial year ended 30 September 2014 of 3.30 sen a unit. The first income distribution of 3.30 sen a unit for the six month period ended 31March 2014 was made in April 2014. Thus, the total income distribution for the full financial year ended 30 September 2014 is 6.60 sen a unit, which is benchmarked against the 12 month General Investment Account-i of Maybank Islamic Berhad.

The final income distribution of AHB is tax-exempt and payable net of zakat, which will be credited directly into the unit holder’s bank account on 15 October 2014. For Employees Provident Fund (“EPF”) Member’s Investment Scheme, it will be credited into Account 1 of EPF.

AHB is a Shariah compliant real-estate backed trust fund with a fixed-price of RM1.00 per unit. It enables Bumiputera investors to participate in the beneficial ownership of real estate assets by providing them with a regular and consistent income stream. The Fund is made available for subscription at all Maybank branches nationwide.

AHB Declares Interim Income Distribution of 3.30 Sen
Posted April 14th, 2014 in Media Release 2014

Kuala Lumpur, 9 April 2014 – Pelaburan Hartanah Berhad (“PHB”) and Maybank Asset Management Sdn. Bhd. (“Maybank AM Malaysia”) today jointly announced Amanah Hartanah Bumiputera’s (“AHB” or “the Fund”) interim income distribution for 2014 of 3.30 sen a unit. The income distribution is for the six-month period ended 31 March 2014.

AHB is a Shariah-compliant asset-backed fund with no sales charge imposed. Its income distribution, if any, is tax-exempted and payable net of zakat. It has distributed stable income since its inception in 2010 and has given out an additional bonus payment of 1.00 sen a unit last year. The Fund which is exclusively for Bumiputera investors allows a maximum investment of RM400,000 per person.

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 investments, the income distribution will be credited directly into the unit holder’s bank account on 15 April 2014, while for the Employees Provident Fund (“EPF”) Member’s Investment Scheme, the income distribution will be credited into Account 1 of EPF.

Galloping Forward Steadily

The announcement today has strengthened investors confidence in the Fund which has consistently paid out competitive income distributions. Datuk Kamalul Arifin Othman, the Managing Director and Chief Executive Officer of PHB said, “We are very pleased with the response from the Bumiputera public as evident in the second additional 500 million units launched in October 2013 which were fully subscribed in less than three months. In the mean time, we continue to be on the look out for suitable properties for possible injection into AHB and to further increase the fund size”.

“We are also pleased to announce that our very own Menara 1 Sentrum, a 27-storey office building under the Lot G development in KL Sentral has been completed at the end of 2013. We are progressively filling up the office space and we target for the building to be ready for injection into AHB in 2015. At the same time, we are also actively pursuing new landbanks for future development”, added Datuk Kamalul.

Badrul Hisyam Abu Bakar, Chief Executive Officer of Maybank AM Malaysia, said, “The latest AHB income distribution of 3.30 sen a unit represents a total payout of RM 54.3 million for the six-month period ended 31 March 2014. Since inception, the fund has made a total of seven (7) consistent income distributions to investors that have amounted to RM257 million. We are pleased with the overwhelming response to AHB thus far and the Fund continues to receive enquiries at Maybank branches nationwide despite being fully-subscribed. We are confident that Bumiputera investors will continue to benefit from participation in the beneficial ownership of prime real estate backed assets afforded by the low minimum entry point of the Fund coupled with its regular and consistent income distributions”. The units are available for subscription by Bumiputera individuals aged 3 months and above at all Maybank branches throughout the country.

Maybank AM continues to bank on Malaysia’s Real Estate Industry

Badrul concludes by saying, “Malaysia’s real estate pricing and industry continues to give out attractive yields and it remains the preferred investment of choice for conservative investors with a low-risk appetite. On top of that, AHB focuses on Shariah-compliant properties, which is not only appealing to the target audience but also unique in the marketplace. We are indeed honoured to be able to offer a first of its kind product like this and are incredibly pleased with the growth of the Fund and its performance since inception. With the market now catching increased interest from retail investors, we expect the Fund to continue to grow and for our investment appetite to be sustained into 2014.”