Ranked #7 of 12 · Corporate & bond trustee

RHB Trustees Berhad

Issuers and fund managers wanting a bank-backed trustee for bonds, sukuk, REITs and collective investment schemes, plus retail clients who want trust and estate services under one banking group.

Trustee Footprint Index

71/100
Regulatory breadth (25%)
80
Track record (20%)
60
Service breadth (20%)
100
Disclosed scale (15%)
35
Disclosure transparency (20%)
70

A reproducible score of public-record footprint and disclosure, not fees, quality or suitability. See the methodology. Disclosed scale is often self-reported.

CategoryCorporate & bond trustee
OwnershipRHB Banking Group (RHB Bank Berhad)
Established2002
HeadquartersKuala Lumpur
LicensingRegistered trust company under the Trust Companies Act 1949; registered with the Securities Commission Malaysia to act as trustee for unit trust funds, REITs and private retirement schemes
ScaleNot disclosed. Acts as appointed trustee for multiple Bursa Malaysia-listed REITs and unit trust funds; standalone assets under trusteeship not published.
Best forIssuers and fund managers wanting a bank-backed trustee for bonds, sukuk, REITs and collective investment schemes, plus retail clients who want trust and estate services under one banking group.

RHB Trustees Berhad (company no. 573019-U / 0573019U) was incorporated in Malaysia on 6 March 2002. It is a registered trust company under the Trust Companies Act 1949 and is registered with the Securities Commission Malaysia to carry out unit trust and collective investment scheme trusteeship. It sits within the RHB Banking Group, whose ultimate listed parent is RHB Bank Berhad, one of Malaysia's larger integrated financial groups. Public filings and the group website do not spell out the exact intermediate holding company for the trustee entity, so the precise position within the group structure is not fully disclosed.

The business spans two sides. On the corporate side it acts as bond and sukuk trustee (representing and protecting bondholders, administering trust funds and coordinating interest and principal payments), trustee for REITs and unit trust funds, trustee for Private Retirement Schemes, plus escrow/stakeholder, corporate custody, provident fund, ESOS and e-money trusteeship. On the personal side it offers private trust, insurance trust, business succession trust, offshore trust, and will writing and estate planning. This makes it one of the bank-owned trustees that competes across both institutional and retail trust work.

Hard numbers are scarce. RHB does not publish standalone assets under trusteeship, the number of trusts administered, or a fee schedule, and its trustee web pages are brief and mostly direct prospective clients to an enquiry form. What is verifiable is that it appears as the named trustee on public documents for several Bursa Malaysia-listed REITs and unit trust funds, which confirms active mandates in regulated fund trusteeship. Where specific scale or performance figures would normally sit, the company is opaque, so those should be treated as not disclosed rather than estimated.

Services

  • Bond and sukuk trustee (corporate bonds, private debt securities)
  • Trustee for real estate investment trusts (REITs)
  • Trustee for unit trust and wholesale funds
  • Trustee for Private Retirement Schemes (PRS)
  • Stakeholder and escrow agent services
  • Corporate custodian services
  • Trustee for provident funds, ESOS and e-money
  • Private trust, insurance trust and business succession trust
  • Will writing and estate planning
  • Offshore trust

Strengths

  • Part of RHB Banking Group, one of Malaysia's larger banking groups, giving balance-sheet strength and institutional backing
  • Full corporate trustee scope: bonds, sukuk, REITs, unit trusts, PRS, escrow and custody under one roof
  • SC-registered for collective investment scheme trusteeship, so eligible for regulated fund and REIT mandates
  • Also serves retail clients with private trust, will writing and estate planning, useful for one-stop banking relationships
  • Established track record since 2002 as appointed trustee for listed REITs and public funds

Watch-outs

  • Publishes little standalone data: no disclosed assets under trusteeship, staff numbers or fee schedule
  • Estate and private trust offering sits within a large bank, so service can feel less bespoke than boutique estate specialists
  • Marketing pages are thin on detail and route enquiries to a contact form rather than published terms
  • Islamic estate specifics (wasiat, faraid handling) are lightly covered on public materials

Official website: https://www.rhbgroup.com/overview/trustees/index.html

Sources

Not affiliated, not advice. Compiled from public sources for information. Trust companies change their fees, services and ownership. Confirm current terms and licensing directly with RHB Trustees Berhad before appointing any trustee, and take independent legal advice.

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