EPF, PNB not GLCs; only Khazanah, KWAP are: Shahril


KUALA LUMPUR: The Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB) should not be classified as government-linked investment companies (GLICs) because their source of funds is money from their members and has nothing to do with the government.

The only true GLICs out there are Khazanah Nasional Bhd and Retirement Fund Inc (KWAP), as the money managed by these two entities are excess funds from the government.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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.

Khazanah , Shahril , EPF , PNB , GLIC , KWAP , redefine , funds , members , government ,

   

Others Also Read