EPF roped in by Taliworks as partner in special-purpose JV firm

The EPF-Taliworks JV will be targeting acquisitions of operating infrastructure assets with

PETALING JAYA: Taliworks Corp Bhd has roped in the Employees Provident Fund (EPF) as a partner in a special-purpose joint-venture company, Pinggiran Infrastructure Sdn Bhd, which owns a 65% effective equity stake in the Cheras-Kajang Highway.

The JV company, in which Taliworks has a controlling 51% stake, will be targeting acquisitions of operating infrastructure assets with “predictable cashflows.”