Get To Know Us
Who We Are
PHB Asset Management Berhad (formerly known as Pengurusan Amanah Hartanah Berhad) (Registration No.: 201101004423 (932564-V)) (PHBAM), established on 14 February 2011, is wholly owned by Pelaburan Hartanah Berhad (PHB) and has its registered address at Level 6, Block E, Dataran PHB, Saujana Resort, Section U2, 40150 Shah Alam, Selangor and principal place of business at Level 9, Block D, Dataran PHB, Saujana Resort, Section U2, 40150 Shah Alam, Selangor.
We manage Amanah Hartanah Bumiputera (AHB), a shariah-compliant unit trust fund aimed at enabling Bumiputera participation in prime real estate ownership, in order to provide competitive and steady returns to investors.
PHB supports PHBAM in a professional capacity, taking on outsourced roles in the following areas:
As of 31 March 2024, the authorised and paid-up capital of PHBAM stood at RM12 million.
PHBAM obtained a Capital Markets Services Licence (CMSL) from the Securities Commission Malaysia on 22 April 2024 for the regulated activities of fund management in relation to portfolio management and dealing in securities restricted to unit trusts.
We manage Amanah Hartanah Bumiputera (AHB), a shariah-compliant unit trust fund aimed at enabling Bumiputera participation in prime real estate ownership, in order to provide competitive and steady returns to investors.
PHB supports PHBAM in a professional capacity, taking on outsourced roles in the following areas:
The Outsourced Functions
SUMMARY FINANCIAL POSITION OF PHBAM
|
Unaudited results for the four months ended |
Audited results for the Year Ended | |||
| 30 April 2024 (RM) | 31 December 2023 (RM) | 31 December 2022 (RM) | 31 December 2021 (RM) | |
|
Paid-up Capital
|
12,000,002 | 2 | 2 | 2 |
|
Shareholders’ Funds
|
11,313,711 | (50,851) | (42,132) | (39,310) |
|
Turnover
|
- | - | - | - |
|
Pre-tax loss
|
(635,438) | (8,719) | (2,822) | (3,337) |
|
After-tax loss
|
(635,438) | (8,719) | (2,822) | (3,337) |
Anti-Bribery And Anti-Corruption Policy
This anti-bribery policy exists in line with the Malaysian Anti-Corruption Commission Act 2009 ("MACC Act" or the “Act”) to set out the responsibilities of PHB Asset Management Berhad (“PHBAM” or the “Company”) and those who work for us in regards to observing and upholding our zero-tolerance position on bribery and corruption.
It also exists to act as a source of information and guidance for those working for PHBAM. It helps them recognise and deal with bribery and corruption issues, as well as understand their responsibilities.
In 2018, MACC (Amendment) Act 2018 was gazetted and the principle of commercial organisation’s criminal liability (corporate liability) was introduced in Section 17A of the Act. The Malaysian Anti-Corruption Commission has stated that the corporate liability provision of the MACC Act will be enforced on 1 June 2020.
Pursuant to Guidelines on Adequate Procedures issued by the Government, the PHBAM Anti-Bribery & Anti-Corruption Policy and Framework (“PHBAM ABAC Policy” or the “Policy”) has been designed to provide the Company with a framework to establish the necessary measures to prevent the occurrence of corrupt practices in relation to our business activities. PHBAM encourages the use of the Pelaburan Hartanah Berhad’s (“PHB”) whistleblowing channel to raise concerns in relation to real or suspected corruption incidents (please refer to PHB’s Whistleblowing Policy).
The PHBAM ABAC Policy is linked to other PHBAM policies, guidelines and procedures and it seeks to ensure that PHBAM’s employees, businesses and anyone acting for and on behalf of PHBAM comply with applicable laws and the provisions of this Policy.
In 2018, MACC (Amendment) Act 2018 was gazetted and the principle of commercial organisation’s criminal liability (corporate liability) was introduced in Section 17A of the Act. The Malaysian Anti-Corruption Commission has stated that the corporate liability provision of the MACC Act will be enforced on 1 June 2020.
Pursuant to Guidelines on Adequate Procedures issued by the Government, the PHBAM Anti-Bribery & Anti-Corruption Policy and Framework (“PHBAM ABAC Policy” or the “Policy”) has been designed to provide the Company with a framework to establish the necessary measures to prevent the occurrence of corrupt practices in relation to our business activities. PHBAM encourages the use of the Pelaburan Hartanah Berhad’s (“PHB”) whistleblowing channel to raise concerns in relation to real or suspected corruption incidents (please refer to PHB’s Whistleblowing Policy).
The PHBAM ABAC Policy is linked to other PHBAM policies, guidelines and procedures and it seeks to ensure that PHBAM’s employees, businesses and anyone acting for and on behalf of PHBAM comply with applicable laws and the provisions of this Policy.