EPF denies claims regarding MAHB investment


. —AZHAR MAHFOF/The Star

KUALA LUMPUR: The Employees Provident Fund (EPF) has refuted allegations of misconduct or regulatory breaches in the buying and selling of Malaysia Airports Holdings Bhd’s (MAHB) shares and the purported losses incurred from the transaction.

In a statement today, EPF said that these claims are unfounded.

"In adherence to EPF’s Chinese Wall Policy, there is a strict boundary between teams that have access to material non-public information and teams that deal in the public markets, ensuring that no privileged information crosses between them.

"The Public Markets team operates independently, making trading decisions solely based on publicly available information,” it said.

The EPF added that it welcomes any review and investigation regarding its investment in MAHB and is fully committed to transparency and accountability. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
EPF , MAHB ,  Chinese Wall Policy , Refutes , Allegations

Next In Business News

ANZ says Australia likely to avoid recession; flags prolonged impact of Middle East war
Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
South Korean April exports rise 48.0% y/y as chip boom extends
Japan warns yen speculators it stands ready to intervene again
Gold heads for weekly loss on oil-driven inflation concerns
Pos Malaysia strengthens board with new appointments of industry veterans
Govt to continue taking necessary measures to address global economic uncertainty
Ekuinas unveils 22 artworks at ‘Alir’ exhibition, showcasing emerging Bumiputera talent
Bursa Malaysia appoints Azizan Abdul Aziz as director of Islamic Capital Market
Emerging stocks see best month since 2022 amid AI boom, oil fear

Others Also Read