EPF commits RM250m to catalysing Malaysian mid-to-growth stage companies

  • 📰 malaymail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

KUALA LUMPUR, March 18 — The Employees Provident Fund (EPF) is committing up to RM250 million aimed at catalysing mid-to-growth-stage companies in Malaysia through its...

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. — Bernama picKUALA LUMPUR, March 18 — 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.

“This commitment was mandated to cater to several strategic investment themes which include healthcare, with a specific focus on aged care and the silver economy, reflecting the EPF’s recognition of the importance of addressing the needs of an ageing population. “Our strategic focus on the six key themes underscores our dedication to driving innovation and creating lasting socio-economic impact,” he said.

“In support of the Madani Economy Framework, the EPF seeks to play an integral role with the other government-linked investment companies in supporting and advancing the early-stage ecosystem, and by strategically investing and addressing critical gaps where it could help propel the growth trajectory of these earlier stage companies while reaping attractive risk-adjusted returns.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EPF commits RM250mil to Malaysian mid-to-growth stage companiesUse technology to safeguard your little ones in vehicles, so no child is forgotten in the backseat.
Source: staronline - 🏆 4. / 75 Read more »