DISCOVER the Road to Financial FREEDOM!

3 Responses to “EPF Malaysia |Top 30 Equity Investments Listed On Bursa Malaysia”

1. alan on February 19th, 2012 at 5:46 pm

   EPF declares 10-year high dividend of 6%

   The Employees Provident Fund (EPF) Board has declared a dividend rate of 6%, the highest in the last 10 years, for the financial year ending Dec 31 2011.

   In a statement on Sunday, EPF said the rate, an increase of 20 basis points over the 5.80% paid out in 2010, translates to a total of RM24.47bil being distributed to its members.

   “The year 2011 marks another commendable achievement for the EPF.

   “Despite the challenging investment landscape, it was the strongest performance since the year 2001 that affirms our long term and prudent investment strategy combined with continuous efforts by our investment team,” said EPF chairman Tan Sri Samsudin Osman.

   The dividend payout of the RM24.47bil was derived after deducting net impairment allowance on financial assets, investment expenses, operating expenditures, statutory charges and dividend on withdrawals, representing an increase of 13.23 per cent compared to RM21.61bil recorded in 2010.

   EPF also posted a gross investment income of RM27.24 billion, up 13.18% from 2010. fr:thestar.com.my/news/story.asp?file=/2012/2/19/nation/20120219135718&sec=nation

2. alan on February 21st, 2012 at 9:01 am

   Mad rush at all EPF kiosks

   Some 28,000 members of the Employees Provident Fund (EPF) visited its kiosks nationwide to retrieve their account statements after the body announced a 6% dividend payout for 2011.

   Its public relations general manager Nik Affendi Jaafar said the number of visitors had been ascertained as of 2pm yesterday.

   The EPF kiosks normally receive around 17,000 users per day.

   Noting that the EPF website was struggling to cope with an unusually high volume of traffic from eager members, he advised members to be patient.

   “Try logging in during off-peak hours,” he said.

   “We do not limit the amount of time people get to check their statements. The dividends have already been credited into their accounts; the money is there,” he said yesterday.

   Nik Affendi said the rush was expected to ease off in the next few days, adding that members could check their statements via EPF’s i-Akaun, kiosks or counters.

   “Today (Monday) is the first day after our announcement. We appreciate our members’ understanding and ask for their patience,” he said, pointing out that EPF had around 13 million members.

   Engineer Michael Lee, 48, said he was happy about the record dividend, calling it “very welcome”.

   “Even if we put our money in fixed deposit, the interest is only around 3.25%, so 6% is very good.”

   Manager Andy Tan, 51, said he went to an EPF kiosk but left because there were too many people waiting.

   “It’s okay, I’ll check another day. I think the dividend, although welcome, was expected, given that everyone is thinking about elections this year,” he said, adding that EPF should continue to ensure good returns on its investments for its members.

   Boutique owner Anisa Othman, 32, said 6% was “not too bad” but added that she expected a higher payout as EPF had said that it had made good investments.

   fr:thestar.com.my/news/story.asp?file=/2012/2/21/nation/10775387&sec=nation

3. alan on March 13th, 2012 at 7:02 pm

   EPF goes on selling spree

   It disposes of RM441mil worth of shares on March 7

   PETALING JAYA: The Employees Provident Fund (EPF) sold a whopping RM441.09mil worth of Malaysia-listed equities on March 7 alone, in line with its trend of active disposals over the last two weeks.

   Bursa Malaysia filings showed that on March 7, the EPF along with its portfolio managers dumped a total 83.68 million shares on the open market, substantially more than the 7.4 million shares it had acquired the same day.

   The number of shares disposed of represents almost half the total volume traded that day, which stood at 173.14 million shares.

   Fund managers reckon that the fund was merely taking profit but its aggressive selling had dragged the FBM KLCI down from its all-time high last week.

   The FBM KLCI ended 10.47 points lower at 1,574.83 that day from 1,594.74 on Monday.

   “It seems that the portfolio managers under EPF are taking a breather after the market climbed to near all-time highs.

   “The number is substantial, and definitely the index would be down from the disposal. Filings next week will show whether the fund has continued with its selling spree this week,” said a fund manager.

   Under the Companies Act 1965, substantial shareholders need only notify the listed company of the shareholding transaction within seven days.

   Among the biggest disposals on March 7 were 11.43 million shares in Telekom Malaysia Bhd, 10.72 million shares in Axiata Group Bhd, and 10.23 million shares in YTL Corp Bhd.

   EPF’s divestment of shares has been going on for the last two weeks.

   Most notably, between Feb 28 and March 1, it had disposed of about 30.3 millions shares in Maybank.

   It had also early this month sold 10.7 million shares in UMW Holdings Bhd, 8.5 million shares in CIMB Group, 6.5 million shares in Telekom Bhd, six million shares in DiGi.Com Bhd, 3.7 million shares in IJM Corp Bhd, and 3.2 million shares in IOI Corp Bhd.

   Meanwhile, EPF chief executive officer Tan Sri Azlan Zainol is reported to have said that the EPF had not distorted the market.

   “It is all unintentional. We transact over three million shares at any one time; of course the market would be distorted,” he said.

   In another development, the EPF is expected to start distributing portions of the Rubber Research Institute of Malaysia land in Sungai Buloh by June.

   It is leading the development of the proposed prime township development via Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the EPF. fr:biz.thestar.com.my/news/story.asp?file=/2012/3/13/business/10905366&sec=business