Malaysia's pension fund EPF set to declare lowest annual dividend since 2008

Sources say the Employees Provident Fund (EPF), Malaysia's biggest pension fund, is expected to declare a rate not higher than 5.5 per cent on Saturday (Feb 22). PHOTO: BLOOMBERG
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KUALA LUMPUR - Malaysia's largest pension fund is set to join other state fund managers in slashing annual dividends to the lowest in more than a decade.

This will likely deepen public grumbles over how the surety of handsome returns from these state-managed investments has evaporated since Pakatan Harapan (PH) took power in an unprecedented change of government in 2018.

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