When Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said in January that the government is scrapping the pension scheme for new civil servants as part of its pension reform plan, it was met with much resistance.
KUALA LUMPUR: The High Court here was told that a RM1.8bil loan taken out by SRC International Sdn Bhd from Retirement Fund Inc (KWAP) was never used for investments in the energy and resource sectors, a purpose it was intended for.
KUALA LUMPUR: Some US$120mil of the loan from Retirement Fund Inc (KWAP) to SRC International Sdn Bhd landed in Datuk Seri Najib Razak's bank account between 2011 and 2012, the High Court here was told.
KWAP’s new retirement services chief Zarina Halim was chief corporate officer at Hektar Group, a real estate firm specialising in commercial and indus...
KUALA LUMPUR: Retirement Fund (Incorporated) (KWAP) plans to acquire two Centurion Corporation Limited’s workers’ accommodation assets for RM227 million.
KWAP says its top priority is to generate long-term returns, and considers it an “even greater achievement” if this can be done in a way to that suppo...
KUALA LUMPUR, Oct 30 — Permodalan Nasional Bhd (PNB), the Employees Provident Fund (EPF) and Retirement Fund (Incorporated) (KWAP) have signed a sale and leaseback transaction...