AmanahRaya-Kenedix REIT Manager Sdn. Bhd. (“the Manager”), (License No: CMSL/A0309/2013) is a joint venture between Amanah Raya Berhad and KDA Capital Malaysia Sdn. Bhd. (“KDA Capital”). Established on 8 May 2009, the Manager officially assumed responsibility for managing AmanahRaya REIT from AmanahRaya Investment Management Sdn. Bhd. on 27 August 2009. Through KDA Capital, Kenedix Asia Pte. Ltd. became the first Japanese firm to invest in a Malaysian REIT by acquiring 15% of the units in AmanahRaya REIT. Additionally, KDA Capital acquired 49% of the shares in the Manager, while Amanah Raya Berhad retained the majority stake of 51%.
The Manager is principally responsible for formulating and executing AmanahRaya REIT's investment strategies to meet its objectives. Its core mandate is to manage and administer the Trust on behalf of unitholders in accordance with the Amended and Restated Deed dated 5 December 2019, as well as the Guidelines on Listed Real Estate Investment Trusts by the Securities Commission and Bursa Malaysia Securities Berhad. The Manager’s main role is to ensure stable and sustainable returns for AmanahRaya REIT unitholders.
