EPF buys CIMB Bank’s stakes in real estate funds for RM123mil

KWSP logo is seen at their headquaters in Kuala Lumpur AZHAR MAHFOF/The Star

CIMB Group chairman Datuk Seri Nazir Abdul Razak is deemed interested in the proposed disposals by virtue of him being a professional representative on the Investment Panel of EPF. Accordingly, he has abstained and will continue to abstain from deliberating and voting on the proposed disposals at the relevant CIMB Group and CIMB Bank board meetings.