EPF must explain why its "sell low, buy high" of MAHB shares were so close together in time, resulting in losses, says Ayer Itam MP Dr Wee

KUALA LUMPUR: The Employees' Provident Fund (EPF) needs to explain its decision-making process to buy Malaysia Airports Bhd (MAHB) shares at RM11 each in 2024, a mere year after selling it for RM6 in 2023, said Datuk Seri Dr Wee Ka Siong.

"It is said the buying back of shares at RM11 was for privatisation purposes.