Employees Provident Fund (EPF)

The plan will be on top of the 440 billion ringgit of investments that the state funds have already made in public markets.

Meanwhile, the Absolute Returns Portfolio was up 2.5% last week, lifting total returns since inception to 5.9%.

Malaysia’s EPF has sold off 47,100 shares in Top Glove on Aug 27, leaving it with a 6.22% stake.

He replaces Azlan Zainol who had recently retired as the group’s chairman.

If Top Glove can spend more than RM1b on buybacks, couldn’t it have spent a few million ringgit to protect Covid infected workers?

Certainly, excess cash that flows to the stock market will fall, but investors have made capital gains and the wealth effect will have a longer tail momentum.

(Apr 2): The troubles are adding up for IHH Healthcare Bhd, wiping almost US$800 million ($1.08 billion) from its market value over three days.

(May 14): While an unprecedented change in government after 61 years under the same alliance has left many feeling jittery, any initial sell-off on the local bourse as the market opens today is expected to be cushioned by optimism over the prospects of th

SINGAPORE (Dec 27): A Malaysian official on Tuesday clarified that Malaysians working abroad are eligible to make contributions to the Employees Provident Fund (EPF) via the 1Malaysia Retirement Savings Scheme (SP1M).