November 23, 2014 5:20 PM 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

Employees Provident Fund of Malaysia Presents at PERE Global Investor Forum 2014: Hong Kong, Nov-04-2014 10:00 AM

Employees Provident Fund of Malaysia Presents at PERE Global Investor Forum 2014: Hong Kong, Nov-04-2014 10:00 AM. Venue: The Ritz-Carlton Hong Kong, Hong Kong. Speakers: Kamarulzaman Hassan, Head, Global Real Estate.

Employees Provident Fund Not To Sell Its Stake In CIMB

Employees Provident Fund of Malaysia (EPF) is not ready to sell its stake in CIMB Group Holdings Berhad (KLSE:CIMB). Datuk Shahril Ridza Ridzuan, Chief Executive Officer of Employees Provident Fund of Malaysia, said that EPF will not pare down its stake in CIMB Group Holdings although Bursa Malaysia disallows the provident fund to vote on the merger of three banks in which it holds substantial stakes. Shahril Ridza said, "There is a lot of speculation in the market. We will not change our investment strategy. We do not think this particular decision should give cause for us to change our own investment strategy, it's just that we need to look in the future, [especially on] how do we manage our investment strategy to avoid this kind of perceived conflicts."

Malaysian Employees Provident Reportedly Eyeing ABP Stake

Employees Provident Fund of Malaysia is interested in taking over a stake in Associated British Ports Holdings Limited (ABP). The fund is reported to be preparing a $2 billion bid for a stake in ABP. Wall Street Journal reported citing people familiar with the matter as saying that Employees Provident has engaged bankers in order to help it acquire a 33.3% stake in ABP jointly owned by The Goldman Sachs Group, Inc. (NYSE:GS) and Prudential plc (LSE:PRU). ABP announced on October 16, 2014 that the two firms were looking for a buyer for their combined stake.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 9, 2014
RHB Capital Berhad
Merger/Acquisition
October 9, 2014
Malaysia Building Society Bhd
Merger/Acquisition
July 24, 2014
The Gurney Resort Hotel & Residences
 

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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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