Mandatory foreign EPF contribution a positive

AmResearch said the move could inject additional annual inflows of up to RM1.7bil in the domestic equity market.

PETALING JAYA: AmInvestment Research (AmResearch) believes that the mandatory Employees Provident Fund (EPF) contribution for non-citizen employees will be an upside to the Malaysian equity market.

In a note to clients yesterday, it said the move could inject additional annual inflows of up to RM1.7bil in the domestic equity market.