Business

PHB aims to increase overall assets to RM25 bil by 2030

Chairman says business transformation plan includes diversification

Updated 3 years ago · Published on 17 Oct 2023 6:45PM

PHB aims to increase overall assets to RM25 bil by 2030
Chairman Tan Sri Ahmad Nizam Salleh said to achieve the goal, Pelaburan Hartanah Bhd has, among others, formulated a business transformation plan this year with a primary focus on four critical aspects. – Pelaburan Hartanah Bhd pic, October 17, 2023

KUALA LUMPUR – Pelaburan Hartanah Bhd (PHB) aims to increase its overall assets to RM25 billion by 2030 from RM11 billion currently.

Chairman Tan Sri Ahmad Nizam Salleh said to achieve the goal, PHB has, among others, formulated a business transformation plan this year with a primary focus on four critical aspects.

“(These four aspects are) diversifying the portfolio, strengthening governance, enhancing risk management efficiency and improving human capital capabilities.

“This transformation aims to enhance the company’s performance and ensure the sustainability of its business,” he said at the launch of an additional one billion units of the Amanah Hartanah Bumiputera scheme here today.

The event was officiated by Prime Minister Datuk Seri Anwar Ibrahim. – Bernama, October 17, 2023

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