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July 01, 2015 8:52 AM ET

Real Estate Management and Development

Company Overview of Pelaburan Hartanah Berhad

Company Overview

Pelaburan Hartanah Berhad, a real estate investment holding company, provides property investment and property development services. It acquires and develops properties at prime locations in Malaysia to generate long-term wealth creation to its Amanah Hartanah Bumiputera unit trust holders. The company also provides leases office spaces to corporate clients. Pelaburan Hartanah Berhad was formerly known as Pelaburan Hartanah Bumiputera Berhad. The company was founded in 2006 and is based in Shah Alam, Malaysia. Pelaburan Hartanah Berhad operates as a subsidiary of Yayasan Amanah Hartanah Bumiputera.

Level 9, Block D

Peremba Square

Saujana Resort Section U2

Shah Alam,  40150

Malaysia

Founded in 2006

Phone:

60 3 7711 3000

Fax:

60 3 7711 3030

Key Executives for Pelaburan Hartanah Berhad

Chief Executive Officer, Managing Director and Director
Age: 55
General Manager of Finance & Operations
Chief Operating Officer
Head of Risk Management
Head of Legal & Company Secretarial
Compensation as of Fiscal Year 2015.

Pelaburan Hartanah Berhad Key Developments

KPJ Healthcare Bhd Announces Memorandum of Understanding Between Kumpulan Perubatan (Johor) Sdn Bhd, Pelaburan Hartanah Berhad and Nadayu Properties Berhad for Development and Leasing of Hospital

The board of directors of KPJ Healthcare Bhd announced that the company's Kumpulan Perubatan (Johor) Sdn Bhd had on 16 October 2014 signed a memorandum of understanding with Pelaburan Hartanah Berhad and Nadayu Properties Berhad for the proposed development and leasing of a purpose-built hospital building to be known as the KPJ Damansara Specialist Hospital II by PHB to KPJSB. NPB shall develop at its own cost and handover a three-hundred bedded nine storey hospital building with a built up area of 459,000 square feet and six hundred thirty six car parking bays and all infrastructures which is located on the Portion complete with the Certificate of Completion and Compliance to PHB within thirty six months from the date of the definitive agreements. PHB shall execute the SPA with NPB and DSSB for the purchase of the Land, inclusive of the demised premises and thereafter to lease the Demised Premises to KPJ. Simultaneously, KPJ will execute the ATL and LA annexed to it with PHB to lease the Demised Premises for the period of fifteen years with an option to renew for another fifteen years. The Land refers to all those pieces of lands held under Geran Mukim 1609 Lot 3124, Geran Mukim 1621 Lot 3131 and Geran Mukim 1610 Lot 3128, Geran Mukim 3227 Lot 3130, Geran Mukim 3229 Lot 3131 and Geran Mukim 10 Lot 3132, all in the Mukim of Batu, Tempat Segaay unforeseen circumstances, the definitive agreements shall be executed within six months from the date of the execution of MOU and therefore, this MOU shall lapse thereafter. This MOU is not subject to the approval of other relevant authorities and the shareholders of KPJ.

PHB Mulls Acquisitions

Pelaburan Hartanah Berhad (PHB) is looking for acquisitions. Managing Director and Chief Executive Officer of PHB, Datuk Kamalul Arifin Othman said that the company would continue exploring the local market for potential acquisitions, and is looking for deals in the Iskandar region.

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