News about EPF

KUALA LUMPUR (Aug 27): Believing that connectivity is absolutely vital, BBCC Development Sdn Bhd said the developer will be investing RM30 million into creating the central transport hub located within the Bukit Bintang City Centre (BBCC) development, said its chief executive officer, Datuk Richard Ong.

KUALA LUMPUR (May 26): The Employees Provident Fund's (EPF) wholly-owned unit Kwasa Land Sdn Bhd appointed Malaysian Resources Corp Bhd (MRCB) as project delivery partner (PDP) to develop the Kwasa Damansara township's main infrastructure.

KUALA LUMPUR (April 25): Malaysian Resources Corp Bhd (MRCB) said the Employees Provident Fund (EPF) has offered to acquire an 80% interest in ‘exchange’ land that the company will be receiving under the National Sports Complex privatisation project, for RM421.

PETALING JAYA (April 19): The first show apartments by internationally-renowned architectural firm Gehry Partners is opening at the iconic Battersea Power Station rejuvenation project.

KUALA LUMPUR (April 16): To commemorate the sizeable Japanese investments into the landmark Bukit Bintang City Centre (BBCC) here, BBCC Development Sdn Bhd will be hosting a month long Japanese-themed event titled YOKOSO: A Celebration of Japan @ BBCC at the project sales gallery starting today.

KUALA LUMPUR (April 9): The Employees Provident Fund (EPF) has bought a portfolio of industrial and logistics assets in the United Kingdom from IM Properties plc, one of the largest British privately owned property groups, for close to £200 million (RM1.

KUALA LUMPUR (March 15): Developer Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund (EPF), has awarded a two-year RM268.

PETALING JAYA (Feb 2): Retirement Fund Inc (KWAP) and other state investors are cashing out of the London property market and being forced to repatriate funds home as the country grapples with financial scandals linked to 1Malaysia Development Bhd (1MDB), the Financial Times (FT) reported today.

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd plans to undertake a private placement of up to 20% of its issued and paid-up share capital to its major shareholder Gapurna Sdn Bhd and independent third-party investors to be identified later, which could raise up to RM612.

PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.