AmanahRaya has managed 27,000 trust accounts worth RM1.3 bil since 1921

17 May 2023 05:45pm
In Perak, the estimated value of the assets for the inheritance account is RM123 million and the value of the trust accounts managed is RM53 million.
In Perak, the estimated value of the assets for the inheritance account is RM123 million and the value of the trust accounts managed is RM53 million.
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TELUK INTAN - Amanah Raya Berhad (AmanahRaya)

the country’s premier trustee company has managed over 27,000 trust accounts worth RM1.3 billion since its establishment in 1921 until April 30 this year.

AmanahRaya Group managing director Ahmad Feizal Sulaiman Khan said AmanahRaya also administers approximately 15,700 inheritance files with an estimated asset value of RM1.1 billion while a total of 1.1 million wills have been registered throughout the period.

"For the state of Perak, the estimated value of the assets for the inheritance account is RM123 million and the value of the trust accounts managed is RM53 million.

"As for wills, a total of 2,545 wills have been registered," he said during a press conference after the inauguration of the AmanahRaya Teluk Intan branch office by Orang Besar Jajahan Hilir Perak, Datuk Meor Redwan Mahayudin at Pusat Komersial Sentral Intan here today.

Earlier, Ahmad Feizal in his speech said the opening of the 20th AmanahRaya office would help improve the quality of its services in addition to meeting the needs of customers.

He said as the company crossed 100 years since its establishment, AmanahRaya had implemented several initiatives to strengthen operational efficiency and improve its service network through various online and physical platforms.

"The services offered by AmanahRaya include will writing, bequest services and also inheritance administration.

"Continuous efforts are also made to improve the operations system and ICT infrastructure (information and communications technology) through the creation of the Wills, Trusts and Inheritance System (SWAP) to ensure more efficient services can be offered to the community," he said. -Bernama
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