PETALING JAYA: Datuk Seri Dr Wee Ka Siong wants Pakatan Youth information chief Ammar Atan, whom he claims made defamatory remarks against him, to withdraw his statement within 24 hours. "This is what I said in front of hundreds of media friends at the recent MCA media night on Feb 26," he said on Facebook on...
KUALA LUMPUR: The Employees Provident Fund (EPF) did not incur any losses in its sale and repurchase of Malaysia Airports Holding Bhd (MAHB) shares, says Datuk Seri Amir Hamzah Azizan. “I want to take this opportunity to clarify to Kampar MP (Chong Zhemin) that there are no losses recorded by the EPF regarding the MAHB matter. “With...
PETALING JAYA: The Employees Provident Fund (EPF) is set to announce its 2024 dividends this Saturday (March 1). ALSO READ: Experts predict higher EPF payout EPF is anticipated to declare higher 2024 dividends due to strong investment performance, with analysts predicting 6% for conventional savings and 5.60% for syariah funds. For 2023, the fund declared dividends of 5.5% for...
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...
PETALING JAYA: An investigation must be conducted into the Employees Provident Fund (EPF) selling its Malaysia Airport Holdings Berhad (MAHB) shares at a lower price and repurchasing them at a premium in a short period, says Datuk Seri Dr Wee Ka Siong. The MCA president said records show that EPF's equity holdings in MAHB in November...
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...
KUALA LUMPUR: Employees Provident Fund (EPF) chairman Tan Sri Mohd Zuki Ali and a delegation comprising the fund's top management paid a courtesy call on Prime Minister Datuk Seri Anwar Ibrahim on Monday (Jan 6). In a Facebook post, Anwar, who is also Finance Minister, said the meeting was to discuss EPF’s role as a government-linked...
SINCE May 12, 2024, Employees Provident Fund (EPF) contributors have been able to use the new Account 3 to withdraw money for personal use. However, a recent viral message claims that EPF has allowed another special withdrawal of RM10,000 from Dec 17. Is it true that EPF contributors can make a special withdrawal of RM10,000 from their...
CHAT groups on messaging apps are a great place to share information – but unfortunately this applies to misinformation as well. Recently, a viral message being spread claims that those who are aged 60 and above are only allowed to make monthly withdrawals of their Employees Provident Fund (EPF) savings. Is there any truth to this viral...
KUALA LUMPUR: A total of RM10.78bil has been withdrawn from the Employees Provident Fund (EPF) Account 3 (Flexible Account) by members below 55, states the Finance Ministry. The ministry said in a parliamentary written reply on Monday (Dec 2) that the sum involved 3.86 million or 29.4 per cent of EPF members below 55, as of...
