A more active PHB will focus on property buys, development and act as master developer

“Our mandate is to invest in the local market,” Managing director and chief executive officer Datuk Kamalul Arifin Othman(pic) told StarBiz in an interview.

PETALING JAYA: Pelaburan Hartanah Bhd (PHB), a subsidiary and operating arm of Yayasan Amanah Hartanah Bumiputera, will focus on three core areas property acquisition, property development and being a master developer.

Managing director and chief executive officer Datuk Kamalul Arifin Othman said PHB would be more active in the local property scene as it sought to buy real estates in other state capitals.