KUALA LUMPUR, 17 March 2009: The Malaysian Trades Union Congress (MTUC) has accepted the explanation given by the Employees Provident Fund (EPF) on the lower dividend payout. MTUC secretary-general G Rajasegaran said the EPF management and chairperson Tan Sri Samsudin Osman had given a detailed briefing to the congress’ officials before they made the announcement. […]
EFP
EPF declares 4.50% dividend for 2008
KUALA LUMPUR, 16 March 2009: The Employees Provident Fund (EPF) has declared a dividend of 4.50% for 2008, lower than the 5.8% in 2007. The lower dividend rate is due to the increase in investment provisioning resulting from the sharp decline in global equity prices brought about by the worldwide financial crisis, the pension fund […]
