August 29, 2014 6:32 AM ET

Capital Markets

Company Overview of Employees Provident Fund of Malaysia

Company Overview

Employees Provident Fund of Malaysia is a national social security organization that provides retirement benefits to its members through management of their savings. The organization was founded in 1951 and is based in Kuala Lumpur, Malaysia.

EPF Building

Jalan Raja Laut

Kuala Lumpur,  50350

Malaysia

Founded in 1951

Key Executives for Employees Provident Fund of Malaysia

Head of Domestic Equity Department
Head of Equity Research Department
Head of Overseas Equity Department
Age: 56
Head of Quantitative and Performance Analysis Department
Compensation as of Fiscal Year 2014.

Employees Provident Fund of Malaysia Key Developments

EPF Plans To Sell Northam Assets

Employees Provident Fund of Malaysia (EPF) is planning to sell The Northam All Suite Penang, until certain legal matters involving the building are resolved. Northam had been put up for sale in November 2013. Last November the EPF had invited bids through Dtz Nawawi Tie Leung Property Consultants Sdn Bhd for the sale of two of its hospitality investments in Penang “The Northam and The Gurney Resort Hotel & Residences. The EPF had decided to put the buildings up for sale to monetise its investments in real estate.

RHB And Employees Provident Fund Engage Advisors For Merger

RHB Capital Berhad (KLSE:RHBCAP) and Employees Provident Fund of Malaysia have appointed advisors to advise on the merger on the proposed merger between RHB Capital, Malaysia Building Society Bhd (KLSE:MBSB) and CIMB Group Holdings Berhad (KLSE:CIMB). Employees Provident Fund has hired Deutsche Bank while RHB has hired Credit Suisse, according to sources. The sources declined to be identified as the information has not been yet made public.

Employees Provident Fund Announces Earnings Results for the First Quarter Ended March 31, 2014

Employees Provident Fund announced earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported investment income surged 57.6% to MYR 8.83 billion. The company contributing about 27% of all income generated in the first quarter. During the quarter under review, equities emerged as the biggest contributor, generating investment income of MYR 4.84 billion, compared with MYR 1.86 billion in the same period last year.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 24, 2014
The Gurney Resort Hotel & Residences
Merger/Acquisition
July 18, 2014
IGB Corp. Bhd
Merger/Acquisition
July 2, 2014
IJM Land Berhad
 

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To contact Employees Provident Fund of Malaysia, please visit www.kwsp.gov.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

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