Personal Data Protection Act (2010)

Last updated: March 2026

1. Summary

ALT Asset Management Sdn. Bhd. is committed to protecting your personal data in accordance with the Personal Data Protection Act 2010 (PDPA). This policy outlines how we collect, use, disclose, and safeguard your personal information.

By providing your personal data to us, you consent to the collection, use, and disclosure of your personal data in accordance with this policy.

2. Collection of Personal Data

We collect personal data that is necessary for the purpose of providing our fund management services. This may include:

  • Name, identification number (NRIC or passport), and date of birth
  • Contact information including address, phone number, and email address
  • Bank account details and financial information
  • Employment and income information
  • Investment objectives and risk profile
  • Transaction history and account statements
  • Any other information required for regulatory compliance

Personal data may be collected through account opening forms, correspondence, our website, or from third parties where permitted by law.

3. Use of Personal Data

Your personal data may be used for the following purposes:

  • Processing and administering your investment account
  • Providing investment advisory and fund management services
  • Communicating with you regarding your investments
  • Complying with legal and regulatory obligations
  • Conducting Customer Due Diligence (CDD) and Anti-Money Laundering (AML) checks
  • Preparing reports and statements
  • Improving our services and developing new products
  • Handling enquiries and complaints

4. Choice

You have the right to:

  • Withdraw your consent for the processing of your personal data, subject to legal and contractual restrictions
  • Object to the processing of your personal data for direct marketing purposes
  • Request that we do not use your personal data for purposes other than those for which it was collected

Please note that withdrawing consent may affect our ability to provide you with our services.

5. Security

ALT Asset Management takes appropriate technical and organisational measures to protect your personal data against unauthorised or unlawful processing, accidental loss, destruction, damage, alteration, disclosure, or access.

Our security measures include:

  • Secure servers and encrypted data transmission
  • Access controls and authentication mechanisms
  • Regular security assessments and updates
  • Employee training on data protection
  • Physical security measures for our offices

6. Disclosure of Personal Data

Your personal data may be disclosed to the following parties:

  • Maybank Trustee Berhad (Trustee)
  • Securities Commission Malaysia and other regulatory authorities
  • Our professional advisors (auditors, lawyers, consultants)
  • Service providers who assist in our operations (IT, administrative services)
  • Banks and financial institutions for transaction processing
  • Law enforcement agencies where required by law

We do not sell your personal data to third parties. All third parties receiving your data are bound by confidentiality obligations.

7. Retention of Personal Data

We retain your personal data for as long as necessary to fulfill the purposes for which it was collected, or as required by applicable laws and regulations.

In accordance with regulatory requirements, we retain investor records for a minimum of seven (7) years from the date of account closure or the last transaction, whichever is later.

8. Access and Correction of Personal Data

You have the right to:

  • Request access to your personal data held by us
  • Request correction of inaccurate, incomplete, or outdated personal data
  • Request a copy of your personal data in a structured, commonly used format

To exercise these rights, please contact us at:

Email: general@altasset.com.my
Phone: +603 6416 5936
Address: CT2-6-3A, Corporate Tower 2, Pavilion Damansara Heights, No.3 Jalan Damanlela, Pusat Bandar Damansara, 50490 Kuala Lumpur

We will respond to your request within twenty-one (21) business days.

9. Changes to this Policy

ALT Asset Management may update this Personal Data Protection Policy from time to time to reflect changes in our practices, technology, legal requirements, or other factors.

Any changes to this policy will be posted on our website at altasset.com.my. We encourage you to review this policy periodically for the latest information on our data protection practices.