
Amanah Saham Sarawak Berhad (ASSB), 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.