TROLAK, May 2 (Bernama) -- 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.
 
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 major cities in 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 : Nurulaneiza Shahrela                                  
Tel : 03-7711 3068
Email : nurulaneiza@phb.com.my  
           
--BERNAMA