AHB Maintains Income Distribution Despite Soft Property Market
Kuala Lumpur, 4th October 2018 - Pelaburan Hartanah Berhad (“PHB”) and Maybank Asset Management Sdn Bhd (“MAM”) today announced the Amanah Hartanah Bumiputera’s (“AHB” or the “Fund”) final income distribution for the financial year ended 30 September 2018 of 2.90 sen a unit. At the same time, PHB as the Sponsor of AHB also announced a bonus distribution of 0.20 sen a unit for the first 500,000 units of AHB held by unit holders. This effectively means that individual unit holders will get a total of 3.10 sen a unit for the income distribution and together with the interim income distribution of 3.10 sen a unit paid in April 2018, the total income distribution and the bonus for 2018 is 6.20 sen a unit.
For institutional unit holders, the total income distribution for 2018 will range between 6.00 sen a unit to 6.20 sen a unit depending on the number of units held.
The 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 12th October 2018. For the Employees Provident Fund (“EPF”) Member’s Investment Scheme, it will be credited into Account 1 of EPF.
Datuk Kamalul Arifin Othman, the Group Managing Director and Chief Executive Officer of PHB in his statement said “As we are aware, the property market throughout 2018 remained soft. However, we are very thankful to our unit holders both individuals and institutions for their continued support and remained loyal unit holders. The bonus distribution contributed by PHB reflects the commitment by PHB to ensure that unit holders continue to receive competitive return from AHB”.
AHB is a Shariah-compliant real-estate backed trust fund with a fixed-price of RM1.00 a 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. Subject to the availability of units, AHB can be subscribed at any Maybank, Ambank and AmBank Islamic branches nationwide.
AHB goes online
Meanwhile, Maybank Asset Management Sdn. Bhd. (MAM), as the Manager of AHB has also announced that the existing unit holders of AHB can now subscribe additional AHB units online via Maybank2u platform. Encik Ahmad Najib Nazlan, the Chief Executive Officer of MAM said, “Together with PHB, we are continuously looking to improve services to the unit holders of AHB. With the online transaction capability, unit holders can now add on units or even re-invest their income distribution easily and efficiently.”
Datuk Kamalul Arifin added “The online transaction is our answer to the re-investment scheme for the income distribution as requested by our unit holders. As you know, AHB pays its income distribution in a form of cash by crediting directly into the unit holders’ accounts. This somehow limits the compounding effect of the income distribution as it is not automatically re-invested. So our advice to the unit holders is to immediately convert their income distribution by buying the additional units online upon payment of the income distribution this coming 12th October 2018”.
SIMPAN, LABUR DAN MENANG:CHANCE TO WIN AS YOU SAVE AND INVEST WITH AHB
Kuala Lumpur, 15th August 2018 - Pelaburan Hartanah Berhad (PHB) and Maybank Asset Management Sdn. Bhd. (MAM) today announced another initiative to promote and increase investment in Amanah Hartanah Bumiputera (AHB) scheme with the launch of “Simpan, Labur dan Menang” prize draw with customers standing a chance to win AHB units worth RM400,000.00 in overall prize.
AHB unit holders with a minimum balance of 1,000 units in the account maintained for a period of six months, beginning 1 October 2018 until 31 March 2019, will be automatically enrolled to participate for one random draw which will be administered by Dynamic Search Sdn Bhd, the Draw Manager appointed by PHB and MAM for this initiative.
Unitholders are entitled to 1 entry for every 1,000 units maintained throughout the period. All entries will be calculated based on the average minimum monthly balance for six months. New unit holders are also qualified to participate in the Draw provided their accounts are opened before 1 October 2018.
The random draw will take place after the cut-off date which is on 31 March 2019. Prizes are offered in four categories as follows:
First prize : 200,000 AHB units
Second prize : 100,000 AHB units
Third prize : 50,000 AHB units
50 Consolation Prizes : 1,000 AHB units each
Shortlisted participants will be contacted by the Draw Manager to answer one skill-based question to complete the draw. Participant with the right answer will be declared as one of the winners. Please refer to the terms and conditions of the Draw at www.maybank-am.com.my/ahbdraw for more information. Speaking at a media conference to announce the prize draw, the Group Managing Director cum Chief Executive Officer of PHB, Datuk Kamalul Arifin Othman said, “The initiative of prize draw “Simpan, Labur dan Menang” launched today is consistent with PHB's mission to empower Bumiputera beneficial ownership over the property market in major locations throughout Malaysia. “Suffice to say that our commitment towards achieving our objectives of promoting savings and investment amongst Bumiputera, had translated into various creative plans which have led us to introduce the latest promotion today”. He stated that PHB intends to make the Draw a yearly promotion and not a mere one-off program.
“If for some reasons, you missed the boat this time to participate or did not win in the first round of the Draw, do not be discouraged. There are many more draws to come in the future”, he further said.
He also urged members of the public who are interested to be part of the Draw but have yet to subscribe to AHB units to do so at any Maybank, AmBank and Ambank Islamic branches throughout Malaysia.
“The minimum investment is RM100.00 for each individual, while the maximum investment amount is RM500,000.00. However, to be eligible for the Draw, you must maintain a minimum account balance of 1,000 units. Please take this golden opportunity to learn more about AHB and the benefits it brings, particularly with the draw that we are introducing now and will be a yearly promotion for AHB”, he further clarified.
AHB which was launched in 2010, was the first syariah-compliant real estate-backed fund in Malaysia. The primary objective of the fund is to provide more opportunities for Bumiputeras to partake in the beneficial ownership of key commercial properties through their unit holdings in AHB.
Employees of PHB, Maybank Asset Management Sdn Bhd, AmanahRaya Trustees Berhad, advertising and promotions agencies who are directly involved in this draw, as well as their family members are not allowed to take part in this draw.
PHB HANDS FREE 3.3 MILLION AHB UNITS TO MRSM’S BUMIPUTERA STUDENTS VIA “MENABUNG SAMBIL MELABUR” CAMPAIGN
Trolak, 2nd May 2018 - Pelaburan Hartanah Berhad today organises “Majlis Penyerahan Unit Amanah Hartanah Bumiputera (AHB)” to Maktab Rendah Sains Mara (MRSM) students as a platform to cultivate the interest to save and invests among Bumiputera students. For that purpose, PHB has allocated 3.3 million AHB units worth RM3.3 million to be distributed to 33,000 MRSM Bumiputera students for free.
Group Managing Director and Chief Executive Officer, Pelaburan Hartanah Berhad Datuk Kamalul Arifin Othman says “"We all know that financial education and investment are two important knowledge that must be mastered by all age groups, especially in today's dynamic and challenging economic and financial situation. The young generation must be exposed with the knowledge to save and invest as early as possible to ensure effectiveness in the long term then equally practice wise financial management in their daily lives”.
Datuk Kamalul Arifin also said that the wisdom in financial management and saving is necessary and should be emphasized by all societies so that we can enjoy the benefits of continuing returns. These benefits can be enjoyed through affordable investment opportunities such as Amanah Hartanah Bumiputera (AHB).
The move taken by PHB is a positive step to empower the Bumiputera students with the value of money as financial literacy can help prevent them from making poor financial decisions that can take years to overcome.
Director of Secondary Education Division MARA, Encik Kamaruzaman Jaffar is also present at the event. AHB is the first Shariah-compliant real estate unit in Malaysia. The fund was launched in November 2010 by Prime Minister Dato 'Sri Mohd Najib Bin Tun Abdul Razak with an initial size of 1 billion units and has now increased by 4 billion units. It enables Bumiputera investors to participate in the beneficial ownership of real estate assets by providing them a regular and consistent income stream.
For Immediate Release
PHB and MAM Announce Interim Income Distribution of 3.10 Sen a Unit
Kuala Lumpur, 5th April 2018 - Pelaburan Hartanah Berhad (“PHB”), the sponsor of Amanah Hartanah Bumiputera (“AHB” or “The Fund”), and Maybank Asset Management Sdn. Bhd. (“MAM”), the Fund Manager, today jointly announced the Fund interim income distribution of 3.10 sen a unit. The income distribution is for the six-month period ended 31 March 2018.
The 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 13 April 2018. 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 a regular and consistent income stream. The Fund is made available for subscription at all Maybank and AmBank branches nationwide.
For Immediate Release
PHB, UEM GROUP AND JAPAN’S MCS JOIN FORCES TO INTRODUCE MALAYSIA’S FIRST UNIQUE SENIOR LIVING PROJECT
KUALA LUMPUR. 9 March - A Consortium made-up of Pelaburan Hartanah Berhad (PHB), UEM Group Berhad (UEM Group) and Japan’s Medical Care Service Inc. (MCS) had today unveiled a Discovery Gallery of its joint project known as Rei Seraya Residence (Rei Seraya), Malaysia’s first unique and luxury senior living with care services project.
Rei Seraya, is designed by a renowned Australian architect who specialises in senior living and will be operated by MCS, one of Japan’s leading care providers with over 15 years of experience.
Rei Seraya is set to cater exclusively for the senior retired community and will be the first luxury senior living with proficient care services providing two types of options, both of which can be viewed at the Discovery Gallery:
The unveiling of the Rei Seraya Discovery Gallery was officiated by representatives of the Consortium – Datuk Kamalul Arifin Othman, Group Managing Director/Chief Executive Officer of PHB, Dato’ Izzaddin Idris, Group Managing Director/Chief Executive Officer of UEM Group and Grace Wang, Vice President, Overseas Management Division Director of MCS.
Speaking at the opening today, Datuk Kamalul Arifin said, “The Malaysian national and local government bodies acknowledged that there is a need for accommodation and care for the ageing population. Malaysia’s population is increasing steadily with age and by 2020, 10 percent of the country’s population will be above the age of 60 and by 2030, the percentage of people aged above 60 will increase to 15 percent. This demographic reality will undoubtedly have profound economic and social implications, as well as new healthcare concerns, leading to opportunities.”
He added, “This presents an opportunity for the consortium to offer a world class senior living development, right here in Kuala Lumpur, not less than what you would have found in other developed countries.”
Rei Seraya Discovery Gallery is located at Jalan Ampang, adjacent to Gleneagles Hospital.
Dato’ Izzaddin Idris explained that the decision to open a Discovery Gallery (as opposed to a Sales Gallery) is to allow the market to understand the product and services being offered given that it is a new and unique concept in Malaysia.
“The Discovery Gallery also provides an opportunity for us to showcase a building that’s senior friendly and care services by number one senior living care provider in Japan. While we have conducted a market research and the results is very convincing, we would like to gather additional feedback and interest from the public which would allow us to further fine-tune the service offering based on local interest and demand,” added Dato’ Izzaddin.“The Discovery Gallery also provides an opportunity for us to showcase a building that’s senior friendly and care services by number one senior living care provider in Japan. While we have conducted a market research and the results is very convincing, we would like to gather additional feedback and interest from the public which would allow us to further fine-tune the service offering based on local interest and demand,” added Dato’ Izzaddin.
Care services at Rei Seraya will be provided by MCS, a Japan-based company that has been providing care services for the elderly since 1999 and operates more than 280 facilities in Japan, China and Philippines.
Grace Wang of MCS said, “We are eager to introduce the quality of our Japanese care services in Malaysia and we hope that through the Discovery Gallery, the public in Kuala Lumpur will get to know more about the possibility of high-end senior care”.
Rei Seraya Discovery Gallery is open to the public from 9.30 a.m. to 5.30 p.m. on weekdays and from 10.00 a.m. to 5.30 p.m. on weekends.