PUTRAJAYA: LEMBAGA Tabung Haji will be focusing on plantation and properties for more recurring and sustainable income source to its business for the next three years to 2020. For its plantation division, the pilgrims fund will focus on replanting rather than venturing into greenfields and has allocated RM2 billion for investments into overseas property investments. “Our plan for the next three years is to focus on recurring and sustainable source of income. In future, we will focus on areas that will lead us to recurring income,” he said. As of 31 December last year, Tabung Haji owned three properties in the UK, two in Australia and nine buildings in Saudi Arabia as well as other investments in Malaysia.

Source: New Strait Times February 04, 2017 03:33 UTC