Permodalan Satok
A real estate investment company and 100% subsidiary of Yayasan Hartanah Bumiputera Sarawak, established on 28th September 2010.
Last updated September 1, 2026
Overview
Permodalan Satok Berhad (PSB) is a real estate investment company and a 100% subsidiary of Yayasan Hartanah Bumiputera Sarawak. Established on 28th September 2010, PSB focuses on real estate investments in urban areas. Officially launched on 22nd June 2014 by the late Chief Minister of Sarawak, Tan Sri Datuk Amar Hj Adenan Bin Hj Satem, the company has gained recognition from both the Federal and State governments. PSB's main objective is to increase Bumiputera ownership of commercial properties in Satok, while ensuring steady returns and long-term capital growth.
History
Permodalan Satok Berhad (PSB) was established on 28th September 2010 under the Companies Act 1965 as a Special Purpose Entity to focus on real estate investments in urban areas. It was officially launched on 22nd June 2014 by the late Chief Minister of Sarawak, Tan Sri Datuk Amar Hj Adenan Bin Hj Satem. The company is a 100% subsidiary of Yayasan Hartanah Bumiputera Sarawak.
Sources
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