KWASA DAMANSARA, 22 February 2025: The Employees Provident Fund (EPF) refers to recent discussions regarding its 2023 financial performance and investment in Malaysia Airports Holdings Berhad (MAHB). The EPF upholds the highest standards of governance and transparency. In line with its commitment to safeguarding the long-term financial wellbeing of more than 16 million members, the EPF seeks to address recent concerns and misconceptions.

Clear, Accurate, and Transparent Reporting
For the financial year ended 31 December 2023, the EPF recorded a total gross investment income of RM66.99 billion, with a net investment income amounting to RM63.48 billion, consistent with the figure presented in Parliament by the Minister of Finance II. These figures are in line with EPF’s established reporting framework, which adheres to Malaysian Financial Reporting Standards. There has been no mistake, misrepresentation, or attempt to withhold information as claimed.
(See “EPF Sustains Solid Performance with 5.50% Dividend for Simpanan Konvensional and 5.40% for Simpanan Shariah”; 3 March 2024)

Malaysia Airports Holdings Berhad (MAHB) Share Transaction Prices in 2023
The previously cited price range of RM5.40 to RM7.36 per share was contained in the question posed in Parliament by a member of Parliament. A full review of all 2023 transactions confirms the verified price range was RM6.80 to RM7.70 per share. The total realised profit from these transactions was RM102 million, which includes capital gains and dividends generated by both internal and external fund managers. The earlier figure of RM100.7 million referenced in discussions excluded some dividends received by external managers and has since been reconciled.

EPF’s Investment Success and Dividend Payout
The EPF’s investment in MAHB contributed to EPF’s performance, and as a result, it was able to declare a higher dividend payout for 2023, with:

• 5.50% for Simpanan Konvensional (compared to 5.35% in 2022), with a total payout of RM50.33 billion; and
• 5.40% for Simpanan Shariah (compared to 4.75% in 2022), with a total payout of RM7.48 billion.

The EPF reaffirms that all announced figures are accurate and fully comply with strict financial reporting standards. All investment decisions undergo rigorous due diligence, aligned with EPF’s mandate, and prioritise long-term value preservation. As retirement savings are a matter of national interest, the EPF remains steadfast in its commitment to protecting and growing members’ funds with professionalism, accountability, and transparency. 

The EPF remains committed to transparency and welcomes constructive dialogue with lawmakers, stakeholders, and the public to ensure its policies continue to serve the best interests of both the nation and its members.

Issued by
Editorial and Media Relations Unit
EPF Corporate Affairs Department
22 February 2025