<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Malaysia Weekly on August 17, 2026 - August 23, 2026</span></p></div><div class=newsTextDataWrapInner><p>In 2019, the government, through special purpose vehicle Urusharta Jamaah Sdn Bhd (UJSB), paid Lembaga Tabung Haji (TH) RM16.87 billion for shares held in 106 listed companies. The share transfer was at a premium of RM9.38 billion over the then market value of RM7.49 billion. The RM16.87 billion was essentially what TH paid for the shares.&nbsp;</p></div>

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<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/815038" target="_blank">Cover Story: Dissecting the RM19.9 bil bailout of Tabung Haji</a><br />
<a href="https://theedgemalaysia.com/node/8150402" target="_blank">Cover Story: Tabung Haji’s link to Putrajaya Perdana, Jho Low, SRC and 1MDB</a><br />
<a href="https://theedgemalaysia.com/node/815042" target="_blank">Cover Story: Some of the bad TH investments</a><br />
<a href="https://theedgemalaysia.com/node/815047" target="blank">Cover Story: The 30 biggest stocks sold to UJSB and how they are doing now</a></em></p></div>
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In 2019, the government, through special purpose vehicle Urusharta Jamaah Sdn Bhd (UJSB), paid Lembaga Tabung Haji (TH) RM16.87 billion for shares held in 106 listed companies. The share transfer was at a premium of RM9.38 billion over the then market value of RM7.49 billion. The RM16.87 billion ...

Cover Story: What shares did Tabung Haji transfer to UJSB for RM16.87 bil? 

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