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  PHB HELPS UNDERPRIVILEGED STUDENTS ACCESS AHB UNIT TRUST FUND

Wednesday 15/02/2017



“Kempen Menabung Sambil Melabur”
 
KUALA LUMPUR, Feb 15 (Bernama) -- Pelaburan Hartanah Berhad (PHB) today launched “Kempen Menabung Sambil Melabur” with the aim to create public awareness on Amanah Hartanah Bumiputera (AHB) unit trust fund as one of the affordable platform for saving and investing especially for the youngsters.
 
In kicking off the campaign, PHB distributed 1,000 units of AHB units to 200 selected secondary students from Form 3 to Form 5, which in total amounted to 200,000 units.
 
The 200 students from four schools near Klang Valley were invited to take part in the Corporate Social Responsibility (CSR) program today. The four selected schools were Sekolah Menengah Kebangsaan Lembah Subang, Sekolah Menengah Kebangsaan Bandar Rinching, Sekolah Menengah Kebangsaan Jalan Reko and Sekolah Menengah Kebangsaan Gombak Setia.
 
In addition, PHB also organized a short talk session with AHB’s fund manager, Maybank Asset Management Sdn Bhd and AHB’s Icon, Miss Neelofa, in order to create awareness on the importance of savings and investing from young.
 
This talk provided the students with basic financial information such as financial planning, prudent spending and how savings would benefit their personal development plan.
 
“The campaign serves as a platform for PHB in not only assisting the community but also generating spillover effects to the economy and social vibrancy in the locality. We believe that making a positive contribution to local communities is our fundamental responsibility. We also hope that with this AHB units, students will have direct access to an effective platform to start saving and investing from young,” said Datuk Kamalul Arifin Othman, Group Managing Director / Chief Executive Officer of PHB.
 
He added that PHB also planned to expand the distribution of AHB units program to many more selected schools throughout Malaysia.
 
“I am sure if we can reach the rural areas to do such promotions and disseminate information on financial savings and investment, many more Bumiputeras community will have the opportunity to invest in AHB and indirectly support the government's objective to enable the people to enjoy the country's wealth equitably,” says Datuk Kamalul.
 
AHB was launched by Yang Amat Berhormat Dato’ Seri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia and Chairman of Yayasan Amanah Hartanah Bumiputera on 29 November 2010. AHB is the first Shariah-compliant asset-backed fund in Malaysia. It was established to provide opportunities for the Bumiputera community in order to participate and invest in beneficial ownership of prime commercial properties in Malaysia. AHB is presently backed by 17 commercial properties that are already tenanted and enjoying a steady stream of rental income.
 
In April 2016, the fund size was strengthened to 3.5 billion units from initial 1 billion units of RM1.00 per unit. Moreover, minimum individual investment has been revised down to RM100 per person from RM500 per person, while maximum investment raised from RM400, 000 to RM500, 000 per person.
 
AHB was accorded international recognition as the Best Islamic Product for the second consecutive year by ‘Asia Asset Management Best of the Best Awards’ in 2015 and 2016 for its unique and salient features that meet the needs of Islamic investors. This further boosted investor confidence, on AHB. With the global acknowledgement of AHB, the product has not only become a viable investment but is especially attractive to investors, considering the challenging investment landscape today.

Editor’s Note:

About Pelaburan Hartanah Berhad (PHB)
Established in May 2006, Pelaburan Hartanah Berhad (PHB) is a real estate investment holding company and a subsidiary of Yayasan Amanah Hartanah Bumiputera. PHB is founded on the following core principles; enhance shareholder and investor values, practice sound corporate governance, foster innovation and growth, cultivate talent and reward performance. PHB goal is to enable long-term growth through managing, investing in and expanding its core businesses in the prime commercial real estate investment sector.
 
About Amanah Hartanah Bumiputera (AHB)
AHB is a fixed-price Shariah-compliant real estate backed unit trust fund which enables Bumiputera investors to participate in the beneficial ownership of real estate assets with a minimum entry investment of RM100. The Fund is designed for investors of medium risk appetite who wish to receive regular income and potentially consistent returns through PHB’s strategic investments in prime commercial properties in highly sought after locations within the major cities of Malaysia.
 
SOURCE : Pelaburan Hartanah Berhad (PHB)
 
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Mohamad Shahizam Bin Fauzi
Tel : 03-7711 3007                             
Email : mohamadshahizam@phb.com.my
 
Name : Farhanah binti Sharifuddin                        
Tel : 03-7711 3106
Email : farhanah@phb.com.my
 
--BERNAMA 
 

 
 
 

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