Top management: (from left) EPF deputy CEO (strategy) Tunku Alizakrin Raja Muhammad, Shahril, deputy CEO (operation) Datuk Mohd Naim Darlwish, and CFO Sazaliza Zainudin at the briefing.
KUALA LUMPUR: The Employees Provident Fund (EPF) could break out of its two straight years of declaring lower dividends this year if Bursa Malaysia continues its uptrend movement.
In the financial year 2015 (FY15) and FY16, the EPF’s dividend had been on a declining trend after having paid out a high of 6.75% for FY14. The reason for the lower dividends was due to impairments in the value investments that the EPF had to make for the 12% decline of Bursa Malaysia over the past three years.
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