EPF to invest more in US


Panel talk: Shahril (left), adjunct professor of London Business School Linda Yueh and moderator Johan Merican at Invest Malaysia 2018

KUALA LUMPUR: The Employees Provident Fund (EPF) has applied for sovereign status in the United States to gain easier access to investment opportunities in the world’s largest economy.

According to EPF chief executive officer Datuk Shahril Ridza Ridzuan, the largest provident fund manager in Malaysia has already started the application process for quite some time now, and is currently waiting for the matter to be resolved.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , EPF , investment , US , Shahril , sovereign status , invest , Malaysia ,

   

Next In Business News

Feytech signs underwriting agreement for listing on Main Market
EPF Account 3 draws concerns over dividends
Developers gearing up for higher sales
Kimlun wins RM150mil deal from Astaka
Systech gets shareholders’ nod for capital exercise
Huawei starts new smartphone Pura 70 sale amid scrutiny on chips
Smart Asia en route for listing on ACE Market
IGB-REIT likely to maintain organic growth
State-owned enterprises achieve milestone in key HSR construction
Trading suspension for Awanbiru

Others Also Read