In a statement yesterday, chief executive officer Tan Sri Azlan Zainol said the quarterly disclosure of its equity investments through its website was in line with its corporate governance stance, where members could see in which companies their savings were invested.
“Besides, by periodically disclosing its investment performance, it will help to reassure members that investment decisions undertaken are in the best interest of growing their retirement savings and in accordance with best practices in investment and governance,” he said.
Azlan said the move was just a first step towards enhancing EPF’s transparency and it would review periodically if there was any further information on its investment that could be disclosed without jeopardising its investment strategy.
He cautioned that “not everything regarding EPF’s investments could be revealed”.
The investment highlights can be viewed at
www.kwsp.gov.my.
The website includes media releases on quarterly financial performance, a compilation of annual reports, advertorials on annual reports and dividend rates.
As of March 31, the EPF’s top three shareholdings were 67.33% stake in Malaysian Building Society Bhd, 56.14% of RHB Capital Bhd and 41.54% of Malaysian Resources Corp Bhd.
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