News about EPF

KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.

Malaysian Resources Corp Bhd (June 1, RM1.

KUALA LUMPUR (June 2): Malaysian Resources Corp Bhd's (MRCB) tie-up with the Employees Provident Fund (EPF) will help reduce the conglomerate's burden of having to finance the entire Bukit Jalil project here by itself, said analysts, who are positive on the proposed joint venture (JV).

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) is partnering with its largest shareholder, the Employees Provident Fund (EPF), to jointly develop three parcels of leasehold land in Bukit Jalil into an integrated development, which will have a potential gross development value (GDV) of RM21 billion over a 20-year period.

KUALA LUMPUR (May 19): Malaysian Resources Corp Bhd’s (MRCB) proposed rights issue did not go down well with shareholders.

KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.

KUALA LUMPUR (May 8): Malton Bhd said it is "not" in talks with the Employees Provident Fund (EPF) and China-based Dalian Wanda Group Co Ltd to jointly bid for the Bandar Malaysia property project within the old airport site in Sungai Besi here.

KUALA LUMPUR (May 4): Ekovest Bhd, a construction firm which has a common major shareholder with Iskandar Waterfront Holdings Sdn Bhd (IWH), saw its share price opened 42 sen or 29.

KUALA LUMPUR (April 17): The viability of Permodalan Nasional Bhd’s (PNB) move to merge two of its biggest property companies, S P Setia Bhd and I&P Group Sdn Bhd, depends on the way the synergy is executed, says a fund manager.

PETALING JAYA (April 5): The Employees Provident Fund (EPF) has entered into an agreement to subscribe a 49% interest in Yarra Park City Pty Ltd (YPC) for A$154 million (RM517 million), expanding its property investment portfolio in Australia, OSK said in a statement today.