The EPF bought nearly 20 million IOI Corp shares in early March
Amid the scrutiny over its investments in the United States following Prime Minister Datuk Seri Najib Tun Razak’s announcement that the Employees Provident Fund (EPF) is going to increase its investments there, the fund sheds light on the issue. Below are the EPF’s replies to StarBizWeek’s queries.
Q: Why does the EPF need to invest overseas? Are there not enough opportunities in Malaysia?