EPF’s right to vote in RHB Cap, CIMB, MBSB merger critical


KUALA LUMPUR: The Employees Provident Fund’s (EPF) right to vote in the proposed mega merger of RHB Capital, CIMB Group Holdings Bhd and Malaysia Building Society Bhd (MBSB) is "critical" as it needs to protect the interest of its members.

EPF’s CEO Datuk Shahril Ridza Ridzuan said on Monday: "All we ask is that the parties involved be aware that the EPF represents the interest of 14 million people and our right to vote is critical to protect their interests.”

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

China home prices fall at a slower pace in November
Shandong’s green expressway sets example for others
Trump considers privatising US Postal Service, report says
Unexpected slowing in November consumption
Yinson’s FPSO fleet poised for progress
Massive interest burden haunts EM debt pile
Italy’s Meloni pledges financial discipline amid budget debates
Vietnam needs US$14bil for EV charging stations
Private banks boost Hong Kong hiring to woo rich Chinese clients
Open global trade is only way to feed the world, WTO chief says

Others Also Read