EPF commits RM250 mln to catalysing Malaysian mid-to-growth stage companies

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KUALA LUMPUR: The Employees Provident Fund (EPF) is committing up to RM250 million aimed at catalysing mid-to-growth-stage companies in Malaysia throu...

: The Employees Provident Fund is committing up to RM250 million aimed at catalysing mid-to-growth-stage companies in Malaysia through its partnership with Gobi Partners.The partnership is part of its commitment to increase deployment into the domestic market, strengthening its position as the largest investor in the domestic market with assets under management of RM702.48 billion as of December 2023, the EPF said in a statement today.

EPF chief executive officer Ahmad Zulqarnain Onn said that the retirement fund is committed to participating in the growth journey of high-potential companies in Malaysia as it aligns its strategy with the development of an inclusive social protection ecosystem. “In the long run, we hope this effort contributes to building a resilient society to economic and social challenges while delivering profitable returns for our members,” he said.

“Our strategic focus on the six key themes underscores our dedication to driving innovation and creating lasting socio-economic impact,” he said.

 

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