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Malaysian trustee company From Wikipedia, the free encyclopedia
Amanah Raya Berhad is a Malaysian trustee company, wholly owned by the Government of Malaysia.[1]
This article needs additional citations for verification. (February 2021) |
Formerly | Department of Public Trustee and Official Administrator |
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Company type | State-owned enterprise |
Founded | 1 May 1921 |
Headquarters | Level 34, Vista Tower, The Intermark, 348, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia |
Parent | Minister of Finance Incorporated |
Subsidiaries | List of subsidiaries |
Website | www.amanahraya.my |
This section needs expansion. You can help by adding to it. (February 2022) |
Established in 1921 as the Department of Public Trustee and Official Administrator, the company was corporatized in 1995. As of 2023, it is a trustee company, wholly owned by the Government of Malaysia, under the purview of the Ministry of Finance (Malaysia).
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.[1] 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.[2]
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