Downturn a good chance for EPF to pick up cheap stocks


  • Nation
  • Saturday, 10 May 2008

KUALA LUMPUR: Economic downturns may turn out to be good for Employees Provident Fund members.

EPF deputy chief executive officer for investment Johari Abdul Muid said at such times the fund bought good stocks at low prices. Members would then benefit in the upswing after the economic slowdown.

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