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Rafizi urges M'sian funds to stay away from IPO of former 1MDB company

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The country's institutional investors overseeing public funds, such as the Employees Provident Fund (EPF) and Lembaga Tabung Haji, have been urged by PKR vice-president Rafizi Ramli to stay away from the planned initial public offering by Edra Power Holdings Sdn Bhd, a former subsidiary of 1MDB.
Rafizi said this is to avoid public funds from becoming involved in the 1MDB scandal for the second time.
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