Tentang Kami
Our platform operates within Malaysia’s regulated capital market framework and is subject to the applicable requirements of the Securities Commission Malaysia (SC).
We are committed to providing transparent and responsible Unit Trust investment services, with proper disclosures, investor protection measures and regulatory compliance at the core of our operations.
For more information regarding our regulatory status, investors may refer to the official Securities Commission Malaysia website.
Building the Preferred Future
Our Vision
We aspire:
- To be the pride of the State by being the top State-backed Unit Trust Management Company in Malaysia
- To elevate ASSAR to be the preferred investment choice for everyone
- To be the platform to promote and propagate good corporate governance culture in the State of Sarawak
- To assist the State Government in bridging the gap in terms of the social and economic disparity between the urban and rural community through our provision of financial services
Our Mission
Our missions over the next 5 years are:
- Business Growth & Expansion : We aim to drive sustainable growth, attract new investors, and target younger and high-net-worth audiences while leveraging technology for operational efficiency.
- Trust & Reputation: We are focused on restoring ASSAR’s reputation and rebuilding investor trust, while promoting inclusivity through financial solutions for rural communities.
- Marketing & Public Engagement: We will strengthen our marketing efforts through digital channels, social media, and initiatives for improvement of service accessibility.
- Service Excellence & Industry Standards: We are committed to maintaining industry best practices, upholding core values, and building a skilled workforce to deliver high service standards.
- Leadership & Talent Development: We will ensure leadership continuity by mentoring and developing staff through career progression and personal development programs.
Our Core Values
We are committed to:
- Consistent & Efficient Service : We are committed to providing consistent, highly responsive, and efficient services to our stakeholders.
- Integrity & Professionalism: We conduct our business with honesty, integrity, and professionalism at all times.
- Investment in People: We continuously invest in our people to build a solid foundation for the Company's long-term success.
- Self-Improvement & Innovation: We strive for self-improvement through regular reviews, benchmarking, and the adoption of innovative technologies.
- Alignment with Socio-Economic Goals: We align our focus and efforts with the State’s socio-economic development goals, in line with ASSAR’s founding objectives.
Est 1993
Our Story
AMANAH SAHAM SARAWAK BERHAD (Registration No. 199301005429 (260166-D)), a wholly owned subsidiary of Permodalan ASSAR Sdn. Bhd., holds a Capital Markets Services License (CMSL) for dealing in Securities Restricted to Unit Trust issued by the Securities Commission (SC) of Malaysia. ASSB is the Management Company for the Sarawak State’s flagship unit trust fund, Amanah Saham Sarawak (ASSAR).
The history of ASSAR stretches back to 1992 during the PBB convention whereby the state leadership was inspired to create a platform for Sarawak Bumiputera to collectively participate in the development of the state’s rich resources and to benefit from the spill over of the country’s economic growth as well as robust capital market performances.
ASSAR was officially launched on 25 August 1993 with the vision of making investment opportunities accessible for all Sarawak Bumiputera due to its affordability, liquidity and relatively low risk nature, achieved through diversification across asset classes.
The fund currently invests in various asset classes, including fixed income, equities, deposits and money market instruments, to ensure a balanced and robust approach to wealth creation. ASSAR investment strategies are designed with a long-term perspective, offering stable returns while minimizing risks.
ASSB is committed to upholding the highest standards of governance, transparency, and professionalism. We are guided by a dedicated team of dynamic professionals with decades of experience in fund distribution and administration, compliance, and risk management ensuring that our unitholder's investments and interests are managed with the utmost care and diligence. Our approach is deeply client-centric, fostering lasting relationships by offering regular updates, transparent reporting, and ongoing communication to ensure our investors remain informed and confident in their financial journey with us.
As we continue to adapt to an ever-changing financial landscape, ASSB remains dedicated to maintaining its strong reputation as a trusted and reliable financial partner. We deliver innovative and sustainable investment solutions that empower our investors and contribute towards Sarawak's economic success. We are also excited about the future and are committed to helping our unitholders navigate their investment journeys with confidence.
Summary of Financial Information
Year ended 31 December
The following is a summary of the past performance of ASSB based on audited financial statements for the last three years.
Revenue
RM 6,943,217
2024
Shareholders' funds
RM 16,796,237
2024
Profit after taxation
RM 673,533
2024
| Financial information |
Year ended 31 December |
| 2024 (RM) |
2023 (RM) |
2022 (RM) |
| Paid-up share capital |
10,000,000 |
10,000,000 |
10,000,000 |
| Shareholders' funds |
16,796,237 |
16,122,704 |
15,465,459 |
| Revenue |
6,943,217 |
6,271,748 |
6,318,414 |
| Profit/(Loss) before taxation |
673,533 |
657,245 |
3,399,226 |
| Profit/(Loss) after taxation |
673,533 |
657,245 |
3,399,226 |
Last updated Friday, May 15, 2026 at 04:39 PM
Total Value of Fund Operated by ASSB
Amanah Saham Sarawak (ASSAR) is the only fund managed by ASSB. The figures below are a static snapshot based on the information shown in the supplied reference.
Total Value of Fund
As at 9 October 2026
RM627,176,112.57
True NAV, Selling Price and Repurchase Price Per Unit
Selling and repurchase prices are based on the true NAV per unit at the next valuation point after an application or repurchase request is received.
| NAV Date |
True NAV per Unit (RM) |
Selling Price per Unit (RM) |
Repurchase Price per Unit (RM) |
| 2026-10-09 |
1.0987 |
1.0987 |
1.0987 |
| 2026-10-08 |
1.0969 |
1.0969 |
1.0969 |
| 2026-10-07 |
1.1001 |
1.1001 |
1.1001 |
| 2026-10-06 |
1.1034 |
1.1034 |
1.1034 |
| 2026-10-05 |
1.1038 |
1.1038 |
1.1038 |
| 2026-10-02 |
1.1028 |
1.1028 |
1.1028 |
| 2026-10-01 |
1.1018 |
1.1018 |
1.1018 |
| 2026-09-29 |
1.1047 |
1.1047 |
1.1047 |
| 2026-09-28 |
1.1079 |
1.1079 |
1.1079 |
Distribution of the Fund
Fund Distribution
| Description |
Entitlement Date |
Distribution Rate |
Total Distribution |
Announcement Date |
| Final Dividend (FYE 30 June 2026) |
30 June 2026 |
3.50 sen per unit |
RM19.11 million |
13 July 2026 |
| Interim Dividend (FYE 30 June 2026) |
31 December 2025 |
3.00 sen per unit |
RM15.24 million |
6 February 2026 |
| Final Dividend (FYE 30 June 2025) |
30 June 2025 |
3.00 sen per unit |
RM14.52 million |
16 July 2025 |
| Interim Dividend (FYE 30 June 2025) |
31 December 2024 |
3.00 sen per unit |
RM14.23 million |
17 January 2025 |
| Final Dividend (FYE 30 June 2024) |
30 June 2024 |
3.50 sen per unit |
RM16.39 million |
5 July 2024 |
| Interim Dividend (FYE 30 June 2024) |
31 December 2023 |
2.50 sen per unit |
RM11.71 million |
5 January 2024 |
Since its inception more than 30 years ago, ASSAR has distributed a total of
RM691.79 million in cash dividend and bonus units to its investors.
Fund Income Distribution History
| Ex-Date |
Pay-Date |
Net Rate |
Gross Rate |
Unit Split Ratio |
Ex NAV |
| 2026-06-30 |
2026-07-23 |
0.0350 |
0.0350 |
- |
1.1119 |
| 2025-12-31 |
2026-02-16 |
0.0300 |
0.0300 |
- |
1.1391 |
| 2025-06-30 |
2025-08-04 |
0.0300 |
0.0300 |
- |
1.0894 |
| 2024-12-31 |
2025-02-04 |
0.0300 |
0.0300 |
- |
1.1078 |
| 2024-06-30 |
2024-07-30 |
0.0350 |
0.0350 |
- |
1.0994 |
| 2023-12-31 |
2024-01-31 |
0.0250 |
0.0250 |
- |
1.0604 |
Last updated Thursday, August 13, 2026 at 02:15 PM
External Fund Manager
Background Information
With effect from 21 October 2022, ASSB has appointed AHAM Asset Management Bhd (“AHAM”), a licensed fund manager under the Capital Markets and Services Act 2007, as the External Fund Manager for the Fund.
As the External Fund Manager, AHAM is responsible for providing investment management services to the Fund in accordance with the investment management agreement. AHAM reports to the Investment Committee of ASSB on a regular basis with regard to the performance of the portfolio and its investment strategies. AHAM is entitled to an annual management fee and this fee shall be borne by ASSB.
AHAM has more than twenty (20) years of experience in providing fund management services and as at 31 March 2025, AHAM manages funds totaling RM87.85 billion with 32% in equities, 23% in fixed income, 10% in mixed assets, 30% in cash management solutions and 5% in other assets.
RM87.85B
Funds managed by AHAM as at 31 March 2025
32%
Equities
23%
Fixed income
10%
Mixed assets
30%
Cash management solutions
5%
Other assets
Designated Persons Responsible for Management of the Fund
David Loh, Associate Director
David Loh joined AHAM Asset Management in 2015 and has more than 15 years of experience in the investment industry. At AHAM, he manages a diverse range of domestic portfolios, serving clients such as pension funds, insurance companies, high-net-worth individuals, and retail unit trusts. Before joining AHAM, David held research positions at UOB Kay Hian and Public Mutual Berhad, where he focused on multiple sectors across regional markets.
David is an ACCA Affiliate and holds a Master's in Accounting and Finance from Manchester Metropolitan University, United Kingdom.
Muhd Azrin Bin Iman, Senior Portfolio Manager
Azrin joined AIMAN Asset Management in July 2017 and was transferred to AHAM Asset Management in December 2021. He has over 15 years of investment experience. Azrin’s current responsibilities include managing unit trust funds and institutional fixed income discretionary portfolios, predominantly for Government-Linked Investment Companies clients. In addition, Azrin covers Malaysia macroeconomics and Malaysia financials sector.
Prior to AHAM, Azrin was with Etiqa Insurance & Takaful for 6 years where he was responsible for managing the proprietary and investment-linked funds of the takaful operator. He started his career in RAM Ratings Services Sdn Bhd under the Financial Institution team, specializing in Development Financial Institutions and Islamic banks. Azrin is recognised by The Asset, as one of the most astute investors in Malaysian Ringgit Bonds over the past few years.
Azrin graduated from Universiti Teknologi Mara (UiTM), with a Bachelor of Accountancy (Hons) and is a holder of Persatuan Kewangan Malaysia Certificate.
AHAM Recognitions
AsianInvestor Asset Management Awards 2025
Best Asset Manager, Malaysia
AHAM Asset Management Berhad
Insights & Mandate Professional Investment Awards 2025
Best Fund House in ASEAN
AHAM Asset Management Berhad
Asia Asset Management 2025 Best of the Best Awards
Best Investor Education
AHAM Asset Management Berhad
Information on the Fund (“ASSAR”)
ASSAR is an open-ended income fund issued and distributed by Amanah Saham Sarawak Berhad. Categorised as a fixed income fund, ASSAR seeks to provide investors with regular income over the medium to long-term investment horizon.
Generally, ASSAR is suitable for investors seeking a certain level of capital protection or guarantee and a diversified investment portfolio.
RM
Repurchase Price Guarantee
A key feature of ASSAR is that the Repurchase Price of a Unit is guaranteed not to fall below RM1.00 during the Guaranteed Period.
Minimum 70%
of NAV in fixed income instruments, money market instruments and/or deposits
Maximum 30%
of NAV in equities
Who may apply?
ASSAR is open to all Malaysians.
- All Malaysians are welcome to apply for ASSAR.
Depending on the level of net income ASSAR generates, the Fund will provide distributions at least once every Financial Year.
Fund Info
Launch Date
25 August 1993
Launch Price (MYR)
1.000
Fund Size (MYR)
627.18 million
Total Unit in Circulation
568.03 million
Pricing Basis
Forward Pricing
Historical Income Distribution
Yes
Shariah/Conventional
Conventional
Minimum Initial Investment (Units)
10
Subsequent Investment (Units)
10
Minimum Holding (Units)
10
Board of Directors
AMANAH SAHAM SARAWAK BERHAD (ASSB) is the management company for the Sarawak State Unit Trust fund, Amanah Saham Sarawak (ASSAR).
The Board of Directors of ASSB comprises of the following:
YBhg. Dato Sri Wahab Bin Haji Dolah
Chairman
(Non-Independent Non-Executive)
YBhg. Datu Haji Soedirman Bin Haji Aini
Director
(Non-Independent Non-Executive)
YBhg. Datu Hasmawati Binti Sapawi
Director
(Non-Independent Non-Executive)
YA Dato Sri Saferi Bin Ali
Director
(Independent Non-Executive)
YBhg. Datin Josephine Anak Hilary Dom
Director
(Independent Non-Executive)