Amanah Raya Berhad is a Malaysian

trustee Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to t ...

company, wholly owned by the

Government of Malaysia The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory (Malaysia), Federal Territory of Putrajaya with the exception of the legislative branch, which is l ...

History

Amanah Raya Berhad is Malaysia’s premier trustee company wholly owned by the Government of Malaysia, under the purview of the Ministry of Finance. Established in 1921 as the Department of Public Trustee and Official Administrator, the company was corporatized in 1995. In 2021, a public accounts committee found that the company lost RM114.34m in 2019 as a result of making investments without Investment Committee approval. Following the report, Amanah Raya Berhad was advised to conduct an audit, and on 13 June 2022 a follow-up report was presented to parliament.

Subsidiaries

Capital markets

# AmanahRaya Investment Management Sdn Bhd (formerly known as AmanahRaya - JMF Asset Management Sdn Bhd) # Amanah Raya Capital Sdn Bhd # AmanahRaya Investment Bank Ltd # AmanahRaya - REIT Managers Sdn Bhd

Property management

# AmanahRaya Hartanah Sdn Bhd # AmanahRaya Development Sdn Bhd

Trust management

# AmanahRaya Trustees Berhad # Amanah Raya (Labuan) Limited

Strategic partnerships

# Bank Islam Malaysia Berhad # Malaysia Building Society Berhad # Bank Persatuan Malaysia Berhad # SME Bank Berhad # Kuwait Finance House # Bank Simpanan Nasional # Affin Islamic Bank Berhad # AgroBank Berhad # Bank Muamalat Malaysia Berhad # Hong Leong Islamic Bank Berhad # Bank Kerjasama Rakyat Malaysia Berhad # Asian Finance Bank Berhad # Al Rajhi Banking & Investment Corporation (M) Berhad # Koperasi Pegawai-Pegawai Melayu Malaysia # OCBC Al-Amin Bank Berhad # Hong Leong Bank Berhad

References

External links

*https://www.amanahraya.my/
Company Overview of Amanah Raya Berhad
bloomberg.com {{authority control Government-owned companies of Malaysia Minister of Finance (Incorporated) (Malaysia) Holding companies established in 1921 1921 establishments in British Malaya Prime Minister's Department (Malaysia) Privately held companies of Malaysia