EPF records RM46 million profit from selling six retail properties

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EPF records RM46 million profit from selling six retail properties
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EPF was also planning to sell another retail outlet in Kelana Jaya to a government-linked company (GLC). theSun theSundaily economy finance savings KWSP EPF

EPF was also planning to sell another retail outlet in Kelana Jaya to a government-linked company . SUNPIX: The Employees Provident Fund made a profit of RM46 million from the sale of its six retail properties in Klang Valley and Johor.

“The six retail properties sold are the Giant Bandar Kinrara building, Giant Putra Heights building, Giant USJ building, Giant Klang building, Giant Ulu Klang building and Giant Plentong building in Johor, with a profit of RM46 million. He was responding to a question from Datuk Seri Ikmal Hisham Abdul Aziz , who wanted to know the proceeds from the portfolio sales of six EPF retail units in Klang Valley and Johor, and whether EPF intends to dispose of another retail unit in Klang Valley as reported, apart from planning the next investment.

Meanwhile, Ahmad also said that EPF’s total assets thus far amount to RM1 trillion, involving domestic and foreign property investments.

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