EPF's purchase of Quill mall raises questions

THE conditional purchase by the Employees Provident Fund (EPF) to buy Quill City Mall from the Quill group has generated a number of questions.

The RM1.2bil deal goes beyond these two parties and must be viewed from several perspectives, from the real estate point of view, EPF contributors and the guardians of the fund, and Quill. For Quill group, it comes across as a corporate exercise.