Um Holdings

UMH is a unique entity as it was established in 2001 as the investment holding company of Universiti Malaya (UM). Serving as the business and corporate vehicle for UM, UMH and its subsidiaries (the Group) are entrusted with the mandate of commercialising UM’s substantial capitals to create both financial and non-financial value and hence support UM’s long-term financial viability. In all that we do, we continually engage with UM on proposed major initiatives to monetise UM’s assets and resources within the context of the UM Master Plan which has a significant impact on the direction and activities of the UMH Group. In 2020, the Group embarked on an extensive rationalisation exercise (RE) to establish a sound foundation for future excellence. This RE focused on setting up the Group’s direction and purpose, putting in place an appropriate corporate structure, strengthening good governance, instituting professional management and structuring operations in order to transform into a high-performing entity. The RE called for creating a business plan charting the Group’s future direction, implementing effective corporate governance structures and processes for robust oversight, inculcating a dynamic work culture led by professional management, and complying with proper accounting standards and business best practices.