YEAR 2021

PHB APPOINTS NEW CHAIRMAN
Posted July 12th, 2021 in Media Release 2021

Press Release

For Immediate Release



PHB APPOINTS NEW CHAIRMAN

SHAH ALAM, 12 July 2021 - Pelaburan Hartanah Berhad (PHB) is pleased to announce the appointment of Tan Sri Ahmad Nizam Salleh as its new non-independent non-executive Chairman, effective 1 August 2021. PHB’s current Chairman, Tan Sri Md Nor Yusof will be retiring from the Board effective 31 July 2021.

Tan Sri Ahmad Nizam Salleh, 64, is currently Chairman of PETRONAS and its subsidiary, KLCC Property Holdings Berhad since August 2018. He is also currently the Pro-Chancellor of Universiti Teknologi PETRONAS.

A Terengganu born, Tan Sri Ahmad Nizam’s experience in commercial property industry will further support and intensify PHB's future growth.

PHB is the operating arm of Yayasan Amanah Hartanah Bumiputera (YAHB) and it is the sponsor of Amanah Hartanah Bumiputera (AHB), a shariah-compliant real estate investment trust scheme for Bumiputera. The Board of Trustees of YAHB is chaired by the Prime Minister, YAB Tan Sri Dato’ Muhyiddin Mohd. Yassin.

“The Board and Management of PHB would like to extend our heartfelt gratitude to the outgoing Chairman, Tan Sri Md Nor Yusof for his leadership and outstanding contributions in shaping PHB as the founding chairman since his appointment in 2006. Tan Sri Md Nor's vast experiences in the financial sector and leadership positions with many prominent GLCs has been the pillar of the progress of PHB as well as the AHB scheme over the last 15 years." PHB was established in 2006 and the AHB scheme was launched in November 2010.

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AHB Declare Interim Income Distribution for the Six-Months Ended 31 March 2021
Posted April 6th, 2021 in Media Release 2021

Press Release

For Immediate Release



AHB Declare Interim Income Distribution for the Six-Months Ended 31 March 2021

Kuala Lumpur, 6 April 2021 - Pelaburan Hartanah Berhad (PHB), a subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB) and Maybank Asset Management Sdn. Bhd. (MAM) are pleased to announce the interim income distribution of Amanah Hartanah Bumiputera (AHB) of 2.35 sen a unit for the six-month period ended 31 March 2021.This consists of a basic income distribution of 2.15 sen a unit and a bonus distribution of 0.20 sen a unit. The bonus distribution is contributed by PHB, as the sponsor of AHB and is distributed for the first 500,000 units held by the unit

“The market continued to be challenging for the past 1-year due to the on-going COVID-19 pandemic. For year 2020, PHB allocated a substantial sum for “Rent Relief Program” (RRP) to provide assistance to its affected tenants. PHB has provided an additional allocation for RRP in 2021. Due to limited resources, rental relief assistance had to be provided selectively to worst affected tenants. Despite the economic disruptions, we have so far managed to replace most of the tenants lost with new tenants”, said Dato’ Mahmud Fauzi Muda, the Managing Director of PHB.

“Moving forward, PHB is actively looking to acquire selected new assets, particularly in the industrial and healthcare sectors. The company’s property development track is also progressing well. Development of a new RM340 million 300-bed private hospital in Kuala Lumpur was completed in September 2020. PHB has also recently inked an agreement to develop a 2.0 million sf warehouse in Shah Alam at a cost of approximately RM0.5 billion which is to be entirely leased to an international logistic company. We are also actively negotiating development of new private hospitals in Selangor as well as in the East Coast. The new property assets will support introduction of new tranches of AHB Units in the near future”, added Dato’ Mahmud Fauzi.

On 15th March 2021, PHB and MAM re-offered 160 million AHB units for subscription to Bumiputera. This unit was accumulated as a result of normal redemptions made by unitholders over the past 1 year since March 2020. It also has no impact on the existing approved fund size of AHB. In this respect, Encik Ahmad Najib Nazlan, MAM’s Chief Executive Officer said “The re-release of 160 million of AHB Units has been well received. We encourage customers to visit our distributors’ branches at Maybank, Ambank or Ambank Islamic before the re-release Units are fully subscribed.”

The interim 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 April 2021.

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PHB and MAM Re-release 160 Million AHB Units for Subscription
Posted March 11th, 2021 in Media Release 2021

Press Release

For Immediate Release



PHB and MAM Re-release 160 Million AHB Units for Subscription

Kuala Lumpur, 11 March 2021 - Pelaburan Hartanah Berhad (PHB) and Maybank Asset Management Sdn. Bhd. (MAM) are pleased to announce that 160 million of Amanah Hartanah Bumiputera (AHB) units will be re-offered for subscription commencing next Monday, 15 March 2021.

“We wish to announce that the 160 million units to be re-released are units that had been accumulated as a result of normal redemptions made by the unitholders for the past 1 year since March 2020. The last time we re-released the units was in February 2020 for 100 million units and were fully subscribed within 6 days. Since then, sales of AHB units had been closed, and all units redeemed by the unitholders had been accumulated and retained by PHB. We now re-offer these units to be subscribed by the Bumiputera public. However, the re-release of 160 million units will have no impact on the approved fund size of AHB, which remains at 4 billion units” said MAM’s Chief Executive Officer, Ahmad Najib Nazlan.

“Despite the COVID-19 pandemic period since March 2020, the redemption trend of AHB units is surprisingly lower than the pre-COVID-19 period. We believe it indicates a strong loyalty pattern whereby most unitholders continue to hold AHB units. As units are limited, the offer is on a first-come, first-serve basis and will be closed once fully subscribed. We encourage the public to visit our authorised distributors at their earliest before the units are fully subscribed”, added Ahmad Najib.

The AHB units can be subscribed at the authorised distributors, Maybank, AmBank Berhad and AmIslamic Bank Berhad’s branches.

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