PR1MA loan applicants’ Account 2 to be ring-fenced

KUALA LUMPUR (Nov 1): The Employees Provident Fund (EPF) said applicants of the “step-up” end-financing scheme for the 1Malaysia People’s Housing Programme (PR1MA) — which was announced in Budget 2017 — will not be able to make any other withdrawals from their EPF Account 2, at least not until their PR1MA loan is settled.

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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.

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