Pelaburan Hartanah Berhad (PHB) and Maybank Asset Management Sdn Bhd (MAM) have launchd an initiative to promote and increase investment in the Amanah Hartanah Bumiputera (AHB) scheme with the launch of the ‘Simpan, Labur dan Menang’ prize draw campaign with customers standing a chance to win AHB units worth RM400,000 overall.
AHB unit holders with a minimum balance of 1,000 units in their accounts maintained for a period of six months, beginning 1 October 2018 until 31 March 2019, will be automatically enrolled to participate for one random draw which will be administered by Dynamic Search Sdn Bhd, the draw manager appointed by PHB and MAM for this initiative.
Unitholders are entitled to one entry for every 1,000 units maintained throughout the period. All entries will be calculated based on the average minimum monthly balance for six months. New unit holders are also qualified to participate in the draw provided their accounts are opened before 1 October 2018.
The random draw will take place after the cut-off date which is on 31 March 2019. Prizes are offered in four categories as follows:
First prize: 200,000 AHB units
Second prize: 100,000 AHB units
Third prize: 50,000 AHB units
50 consolation prizes: 1,000 AHB units each
Shortlisted participants will be contacted by the draw manager to answer one skill-based question to complete the draw. Participant with the right answer will be declared as one of the winners. Please refer to the terms and conditions of the Draw at www.maybank-am.com.my/ahbdraw for more information.
Speaking at a media conference to announce the prize draw, PHB Group Managing Director/Chief Executive Officer Datuk Kamalul Arifin Othman said, “The ‘Simpan, Labur dan Menang” prize draw initiative launched today is consistent with PHB’s mission to empower bumiputera beneficial ownership in the property market in major locations throughout Malaysia.”
“Suffice to say that our commitment towards achieving our objectives of promoting savings and investment amongst bumiputera, has translated into various creative plans which have led us to introduce this latest promotion.”
He added that PHB intends to make the draw a yearly promotion and not a mere one-off program.
“If for some reason, you missed the boat this time to participate or did not win in the first round of the draw, do not be discouraged. There are many more draws to come in the future,” he said.
He also urged members of the public who are interested to be part of the draw but have yet to subscribe to AHB units to do so at any Maybank, AmBank and Ambank Islamic branches throughout Malaysia.
“The minimum investment is RM100.00 for each individual, while the maximum investment amount is RM500,000. However, to be eligible for the draw, you must maintain a minimum account balance of 1,000 units. Please take this golden opportunity to learn more about AHB and the benefits it brings, particularly with the draw that we are introducing now and which will be a yearly promotion for AHB,” he further clarified.
AHB, which was launched in 2010, was the first shariah-compliant real estate-backed fund in Malaysia. The primary objective of the fund is to provide more opportunities for bumiputeras to partake in the beneficial ownership of key commercial properties through their unit holdings in AHB.