Published: 2009/09/03
THE Employees Provident Fund (EPF)recorded an investment income of RM4.8 billion in the second quarter of 2009, as investments in equities raked in better returns.
The income was 46.64 per cent better than the RM3.27 billion accrued in the first quarter of this year, EPF said in a statement today.
" Despite the instability of the global economy, the EPF managed to meet expectations and deliver better investment results in the second quarter," said its Chief Executive Officer Tan Sri Azlan Zainol.
Equities was the highest income contributor for the quarter, growing seven-fold to RM1.74 billion, against RM239.55 million earned in the previous quarter.
He said improving global and domestic markets contributed to the surge in income from equities for the quarter under review.
- Bernama
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
music
Create a playlist at MixPod.com
