Kwasa Land awards TSR Capital infrastructure job worth RM268.9m
KUALA LUMPUR (March 15): Developer Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund (EPF), has awarded a two-year RM268.
Financial scandals forcing state investors to sell London properties, says Financial Times
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.
MRCB plans private placement to raise up to RM612 mil
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.
EPF invests RM250 mil in industrial development fund
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.
EPF mulls disposing of UK property
KUALA LUMPUR (Oct 30): The Employees Provident Fund (EPF) said it is considering realising its investment in Reading International Business Park in Reading, the UK, which the fund acquired from the Arlington Business Parks Partnership Fund for £140 million in 2011.
Eco World gets all clear for RM8 bil Bukit Bintang City Centre project
KUALA LUMPUR (Oct 1): Property developer Eco World Development Group Bhd (Eco World) told Bursa Malaysia today that all the conditions precedent (CP) set out in its agreements in relation to its joint development of the RM8 billion Bukit Bintang City Centre project at the former Pudu Jail site have been met.
EPF earmarks Kwasa Damansara tracts for Bumiputera developers
KUALA LUMPUR (May 27): The Employees Provident Fund's (EPF) planned 932ha (2,330 acres) Kwasa Damansara township will see 4.
EPF sells London property to British Land for RM1.14 bil
KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.
EPF in talks to divest 1–2 properties in UK
KUALA LUMPUR (April 10): The Employees Provident Fund (EPF) is in discussions to divest one or two of its property assets in the UK.
