EPF’s move to bolster investment climate


PETALING JAYA: Fund managers believe the Employees Provident Fund’s (EPF) decision to invest in mid-to-growth stage Malaysian companies is a good move to further galvanise the domestic investment climate.

It was reported on Monday that the fund, through its partnership with Asian venture capital firm Gobi Partners, has allocated RM250mil to catalyse local companies with bright potential for growth, focusing on those in the healthcare, agriculture and food sciences, financial services inclusivity, sustainability, education and social infrastructure sectors.

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