EPF to sell more than RM500mil in education assets

SINGAPORE: Malaysia's largest state pension fund, the Employees Provident Fund (EPF), is looking to sell local education assets worth more than 500 million ringgit ($115 million), two sources with knowledge of the matter told Reuters.

EPF, which is also one of the world's biggest pension funds with total assets of 1.01 trillion ringgit, is looking to sell assets held by its Malaysian education real estate investment trust, Alpha REIT, which it is winding up, the sources added.