Effective 10 November 2004, the investment function has been delegated to Phillip Capital Management Sdn Bhd (“PCM”). We strongly believe that by delegating the investment function, the Funds would be best managed to achieve its objective. PCM was appointed as the Investment Manager to implement the investment strategies and manager the Funds, as required by the relevant guidelines, the appointment of PCM has been approved by the SC and the Trustee.
PCM was incorporated in Malaysia in 1995 to offer investment management services to institutions, corporations and high net-worth individuals. Effective 10 November 2004, the investment function has been delegated to PCM since it has experience for more than 10 years in the fund management industry. We strongly believe that by delegating the investment function, the Funds would be best managed to achieve their objective. PCM was appointed as the investment manager to implement the investment strategies and manage the Funds, as required by the relevant guidelines, and the appointment of PCM has been approved by the SC and the Trustee.
PCM is a licensed fund manager and responsible for managing the investment and dealing of the Funds so as to meet the investment objectives of the Funds. As the investment manager, PCM shall have discretionary authority over the investment of the Funds under their management subject to the Guidelines on Unit Trust Funds and other relevant applicable regulations. PCM will meet and report to the Investment Committee of the Funds on a regular basis pertaining to the status of the Funds, proposed investment strategy and discuss matters relating to the Funds. Apart from the regular meetings, the Investment Committee will meet with PCM more frequently should the circumstances require. The remuneration of the PCM is borne by us.
PCM offers investment management expertise to institutions, corporations and high net-worth individuals and EPF contributors under the EPF Investment of Members Savings Scheme. PCM’s total shareholders funds are in excess of RM 25.2 million and PCM manages RM 7.5 billion client’s assets.
DATIN HAJJAH NONA BINTI SALLEH
GROUP CHAIRPERSON, PHILLIPCAPITAL MALAYSIA
B.Sc. Econ (Hons) Accounting & Finance, London School of Economics, University of London, United Kingdom.
Investment Management Certificate (IIMR), United Kingdom.
Datin Nona Binti Salleh, is the Group Chairperson of PhillipCapital Malaysia and Director of Phillip Capital Management Sdn Bhd, Phillip Mutual Berhad, Phillip Capital Sdn Bhd (formerly known as Phillip Futures Sdn Bhd), Phillip Wealth Planner Sdn Bhd, Phillip Research Sdn Bhd, as well as other Malaysian companies under the PhillipCapital Malaysia Group. She started her investment career with Aseambankers in 1992 where she gained exposure in the management of Shariah and semi-Shariah portfolios. Over the past 30 years, she has accumulated experience through her involvement in the investment management and strategy of her clients’ investment portfolios, including the Employees Provident Fund (EPF), Lembaga Tabung Haji, Koperasi Jaya Diri, Double Growth Fund and Emerging Growth Fund (BHLB Unit Trusts) as well as Maybank Dana Yakin.
Prior to re-joining the Phillip Group in 2001 to head its Malaysian operation, she has held several key positions in investment management and research, including the positions of Associate Investment Director of BHLB Asset Management, a subsidiary of Ban Hin Lee Bank (now merged under CIMB group) and Chief Investment Officer at Maybank Investment Management Sdn Bhd, a subsidiary of Malayan Banking Berhad. Datin Nona is a graduate of the London School of Economics, University of London and she holds the Investment Management Certificate (IIMR), UK.
MR. PITTA SHAM BIN AHMAD MORSHDI,
CHIEF INVESTMENT OFFICER, PHILLIP CAPITAL MANAGEMENT SDN BHD
BBA Finance with Multimedia, Multimedia University
Graduate Diploma, Applied Finance and Investment, PNB Institute of Australasia
Mr. Pitta Sham joined PhillipCapital Group in May 2025. He holds a Bachelor of Finance (Multimedia) from Multimedia University, Cyberjaya (2001), and a Graduate Diploma in Applied Finance and Investment from the PNB Institute of Australasia (2003).
He began his career as an Investment Analyst at a government-linked investment company, followed by six years as a Portfolio Manager at a bank-backed Islamic asset management firm. He then spent 13 years at a leading unit trust company, managing a range of domestic and regional unit trust funds.
Mr. Pitta Sham is a licensed Capital Markets Services Representative (eCMSRL/C4790/2025).
MS. TAN SZE NEE
HEAD OF FIXED INCOME
Bachelor of Business Administration, UM.
Ms. Tan Sze Nee was appointed as Fixed Income Manager of PhillipCapital Management Sdn Bhd in January 2015. She began her career with the Phillip Mutual Berhad in August 2008 and was transferred to PhillipCapital Management in 2011 to grow the corporate and institutional business. Ms. Tan Sze Nee has total more than 6 years of experience in the financial industry. She holds a Capital Markets Services Representative License (CMSRL/B3906/2013).
MR. FOONG WAI MUN
Manager, Equity
Bachelor of Commerce (Hons) Accounting, Universiti Tunku Abdul Rahman
Mr. Foong Wai Mun joined Phillip Capital Management (PCM) in November 2017 as Fund Manager. He has been working in the capital market industry since 2007 including as an Equity Analyst with CIMB Investment Bank, ECM Libra Investment Bank and Public Mutual Berhad. As an Equity Analyst, he has covered various sectors, such as consumer, property, REIT, technology, telecommunications and utilities sector both on the sell as well as buy-side. Prior to joining PCM, Mr. Foong Wai Mun was an Investment Manager at BRDB Capital, a family office under BRDB Development managing the private wealth of the Group office. Graduated from Universiti Tunku Abdul Rahman with a Bachelor of Commerce (Hons) Accounting, Mr. Foong Wai Mun brought with him over 10 years of experience in the capital market industry and currently holds a Capital Markets Services Representative License (eCMSRL/B8207/2018).
Mr. Foong Wai Mun is the designated Fund Manager for Phillip Pearl Fund, Phillip Recovery Fund and the equity portion of the Phillip Dividend Fund and Phillip Income Fund.
