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EPF’s 1H 2024 total distributable income up 29pc to RM36.7b

Malay Mail LogoMalay Mail4h ago

EPF’s 1H 2024 total distributable income up 29pc to RM36.7b - Malay Mail

Quick Summary:

KUALA LUMPUR, Aug 13 — The Employees Provident Fund’s (EPF) total distributable income for the six months ended June 30,...

EPF chief executive officer Ahmad Zulqarnain Onn said favourable market conditions in Malaysia and internationally contributed to the 29 per cent growth in distributable income in 1H 2024, while assets under management grew to RM1.21 trillion.

In a statement today, the EPF said the distributable income does not include mark-to-market (MTM) gains of securities that have not been realised.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 15:23:24 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 11 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22061545

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 13 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 4 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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The story "EPF’s 1H 2024 total distributable income up 29pc to RM36.7b" was covered 4 hours ago by Malay Mail, a news publisher based in Malaysia.

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