The EPF said "there is a strict boundary between teams that have access to material non-public information and teams that deal in the public markets".
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 yesterday, EPF said the 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.
It welcomed any review and investigation regarding its investment in MAHB and is fully committed to transparency and accountability. — Bernama
