Sime Darby Property’s foreign shareholding rises for second consecutive month
KUALA LUMPUR (June 10): Sime Darby Property Bhd’s foreign shareholding rose for the second consecutive month to 9.
EPF subsidiary Kwasa Land appoints Adenan Md Yusof as MD
KUALA LUMPUR (April 30): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Adenan Md Yusof as managing director (MD) effective Monday (May 3, 2021) to contribute towards the development of the EPF's estimated 920ha (about 2,300 acres) Kwasa Damansara township in Selangor.
EPF clarifies members will continue to earn dividends up to age 100, dismisses viral message
KUALA LUMPUR (April 20): The Employees Provident Fund (EPF) has clarified that members will continue to earn dividends for the remaining portion of their EPF savings up to age 100.
CEO: EPF members should have a say on dividend — tiered or single
KUALA LUMPUR (Feb 27): Members saving their retirement fund with the Employees Provident Fund (EPF) should have a say if there is a change in the existing way dividends are being paid annually to a tiered structure, its outgoing CEO Tunku Alizakri Alias (pictured) said.
EPF plans to sell assets
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
Facing halted ops under MCO, manufacturers seek higher wage subsidy, EPF exemption and income tax waiver
KUALA LUMPUR (March 30): With many businesses having grounded to a halt during the Movement Control Order period, Malaysian manufacturers are appealing to the government to double its wage subsidy scheme to RM12 billion from RM5.
EPF declares 5.45% dividend for 2019, the lowest since 2008
KUALA LUMPUR (Feb 22): The Employees Provident Fund (EPF) declares 5.
EPF: Cabinet decision not to sell PLUS will facilitate implementation of 18% toll reduction
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%.
Cabinet decided PLUS will not be sold — sources
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.
Shahril Ridza: PLUS sale needs to be done properly via Khazanah, EPF
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.
