KUALA LUMPUR: Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.
The distribution comprises a basic income of 2.05 sen and a bonus of 0.45 sen per unit. The bonus, funded by PHB as AHB’s sponsor, is payable for the first one million units held by each unitholder.
"A total of RM116.3 million will be distributed to approximately 82,000 unitholders, bringing AHB's cumulative income distribution since its inception in 2010 to RM2.31 billion," the joint statement added.
The income distribution will be paid in cash or AHB units (for unitholders holding fewer than 10,000 units) and credited directly to unitholders' bank accounts or AHB accounts on April 14, 2025.
The PHB group also highlighted that income distributions are net of zakat and exempt from tax, as PHB and AHB have made provisions for zakat, which will be remitted to the relevant authorities.
Through this zakat payment, AHB unitholders contribute to the welfare of the asnaf groups, the statement noted.
PHB group managing director/chief executive officer (CEO), Mohamad Damshal Awang Damit, said the distribution reflects PHB’s strong financial position and its role as AHB’s sponsor.
"It also underscores our commitment to delivering sustainable returns and long-term value to unitholders. We will continue to strengthen our property portfolio and investment strategies to ensure stable returns," he added.
Recently, PHB Group reported its strongest financial performance to date, achieving a net profit of RM117.2 million for the financial year 2024 (FY2024), more than triple the RM31.7 million recorded in the previous year. This growth was driven by a recovery in the retail sector, strong property-related income from enhanced asset management strategies, and contributions from newly completed PHB assets.
"This strong performance reinforces our commitment to boosting investor confidence in AHB as a key savings and investment instrument, aligning with PHB's mandate to enhance Bumiputera economic participation while delivering sustainable financial returns,” Mohamad Damshal said.
PHBAM CEO, Zulkifli Ishak, added that the focus in 2025 will be on expanding access to AHB, particularly for new retail investors.
"AHB will soon open new units to encourage greater Bumiputera retail participation, especially among the younger generation seeking long-term savings through property investment," he said.
Unitholders can check their income distribution amounts in their bank or AHB accounts from April 14, 2025, through AHB’s authorised distributors - Maybank, Ambank, Ambank Islamic, and Bank Islam. - Bernama
