News about EPF

KUALA LUMPUR (Jan 17): The  Employees Provident Fund of Malaysia (EPF) — which owns a 49% stake in PLUS Malaysia Bhd — supports the Government's decision not to sell the highway concessionaire, saying the move would facilitate the proposed lowering of toll rates on all of its highways by 18%.

KUALA LUMPUR (Jan 17): The Prime Minister's Office of Malaysia (PMO) said there will be no toll rate hikes on PLUS Malaysia Bhd's highways as PLUS' concessions will be extended for 20 years from 2038 to 2058.

KUALA LUMPUR (Jan 15): The Cabinet had at its meeting today decided that highway concessionaire PLUS Malaysia Bhd will not be sold and will remain under its current shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF), according to sources.

KUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders.

  KUALA LUMPUR (Jan 1): Employees Provident Fund (EPF) CEO Tunku Alizakri Raja Muhammad Alias has been made a non-independent and non-executive director of Sime Darby Plantation Bhd, effective Jan 1.

KUALA LUMPUR (Dec 17): Employee Provident Fund's (EPF) deputy chief executive officer (Investment) Datuk Mohamad Nasir Ab Latif (pictured) will be retiring from his position upon the expiry of his contract at the end of this month, a source confirmed.

KUALA LUMPUR (Dec 6): The Employees Provident Fund (EPF) has opened a new members-only branch in Petaling Jaya.

KUALA LUMPUR (Dec 6): Paragon Globe Bhd is acquiring 31.

  PETALING JAYA (Nov 20): The developer of Battersea Power Station in London has given a sneak peek of the apartments being built at the Grade II* listed landmark on the River Thames before the iconic building opens in the summer of 2021.

PETALING JAYA (Nov 16): The Employees Provident Fund (EPF) has sought approval from City Hall to convert Wisma KFC, its long-vacant office building in Kuala Lumpur into a 430-room luxury-class hotel, the Edge reported today.