KUALA LUMPUR: Pelaburan Hartanah Bhd (PHB) has received an affirmation of its AAA/Stable/P1 corporate credit ratings, as well as the AAA/Stable ratings for its RM5.0 billion Islamic Medium-Term Notes (IMTN) programme and Islamic Commercial Papers (ICP) (2024/2031) by RAM Ratings.
The real estate investment holding arm of Yayasan Pelaburan Bumiputra (YPB) said the rating affirmation reflects PHB’s sound financial profile, measured cost management, and its role in supporting national objectives to enhance Bumiputera participation in commercial real estate through Amanah Hartanah Bumiputera (AHB), a Shariah-compliant unit trust fund.
