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Najib: EPF and other funds to pay less dividends

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Former prime minister Najib Abdul Razak predicts that state funds like the Amanah Saham (ASB), Employees’ Provident Fund (EPF), Armed Forces Fund (LTAT), and Tabung Haji will be paying far less in dividends this year.
This is due to the loss of investor confidence in Malaysia following the 14th general election, which in turn caused foreign investment inflows in the stock market earlier this year to turn into outflows.
In a Facebook post on Monday, he said the price of the unit trust managed both by private financial institutions and the government had fallen anywhere between five to 25 percent compared to the beginning of the year.
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