KUALA LUMPUR: The Employees' Provident Fund (EPF) needs to explain its decision-making process to buy Malaysia Airports Bhd (MAHB) shares at RM11 each in 2024, a mere year after selling it for RM6 in 2023, said Datuk Seri Dr Wee Ka Siong. "It is said the buying back of shares at RM11 was for privatisation purposes. "Who...
KUALA LUMPUR: There will be faster access and more flexibility for the Employees Provident Fund's (EPF) Simpanan Shariah account holders from April 1. EPF said in a statement on Friday (Jan 10) that the enhancements include monthly activation for its members who opt in for Simpanan Shariah, instead of yearly as before. "These enhancements enable immediate registration...
PETALING JAYA: Employees Provident Fund (EPF) members aged 100 years and above have been given until March 31 to claim their savings. The EPF said the deadline is for those who have not fully withdrawn their retirement savings. "These members or their beneficiaries must submit a claim for the monies by the March deadline," EPF said in...
PETALING JAYA: Most Malaysians who opted in for Employees Provident Fund's (EPF) Account 3 withdrew the funds to settle debts and outstanding loans, according to a poll by The Star. The online poll, which was held in the week before the last day of the opt-in on Aug 31, saw 1,300 people responded. Around 288 people (42.11%)...
PETALING JAYA: The Employees' Provident Fund (EPF) is expected to announce the 2023 dividends on Sunday (March 3). As in previous years, dividends for the conventional and syariah savings for 2023 are expected to be announced during the retirement fund’s annual financial performance briefing, which will be on Sunday. Analysts have previously indicated that the dividends for...
