Acquiring Company
URUSHARTA Jamaah Sdn Bhd
Acquired Company
Lembaga Tabung Haji
Description
URUSHARTA Jamaah Sdn Bhd has acquired Lembaga Tabung Haji’s equity portfolio for RM9.38 billion. This acquisition includes shares in 106 listed companies and aims to rejuvenate the faltering pilgrim fund. The deal represents a significant restructuring effort amidst financial challenges faced by the agency.
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Based on deal dataFrequently asked
Who acquired Lembaga Tabung Haji?
Lembaga Tabung Haji was acquired by URUSHARTA Jamaah Sdn Bhd, based in Kuala Lumpur. The deal was reported on August 27, 2026. URUSHARTA Jamaah Sdn Bhd is a special purpose vehicle established by Minister of Finance Inc in 2018. It aims to manage and rejuvenate the funds associated with Lembaga Tabung Haji. URUSHARTA Jamaah Sdn Bhd is privately held.
When did URUSHARTA Jamaah Sdn Bhd acquire Lembaga Tabung Haji?
URUSHARTA Jamaah Sdn Bhd's acquisition of Lembaga Tabung Haji was reported on August 27, 2026. URUSHARTA Jamaah Sdn Bhd has acquired Lembaga Tabung Haji’s equity portfolio for RM9.38 billion. This acquisition includes shares in 106 listed companies and aims to rejuvenate the faltering pilgrim fund. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lembaga Tabung Haji do?
Lembaga Tabung Haji (TH) is an agency in Malaysia responsible for managing the savings of Muslims for their pilgrimage to Mecca. The organization plays a vital role in promoting financial inclusion and sustainability in its operations. It is privately held, operating in Financial Services, and is based in Kuala Lumpur.
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