Whither the multi-billion ringgit projects?

“Rumours: EPF Answers.” You'll spot that item on the bottom right of the Employees Provident Fund's website. Uncommon? Yes. Necessary? Absolutely. For with RM450bil (and growing) in its fat coffers which involves the hard-earned retirement savings of over 12 million people, the fund's every move is closely scrutinised and often, good fodder for rumours.

Sadly though, to date, the only postings under this title relates to procedural matters aimed at shedding the light on several chain e-mails on dividend and nomination. As for the fund's investment-related developments, apart from its quarterly updates and major moves involving public listed companies, the rest is largely dominated by the business sheets. Of late, such news leaks have also been appearing in foreign business journals given the fund's strategy to diversity its investments abroad.