EPF’s Investment in MAHB: Supporting Dividend Payouts
A 25-Year Investment Strategy
EPF has been an MAHB shareholder since November 30, 1999, when the company was listed on the main market of Bursa Malaysia at RM2.50 per share.
Alignment with Investment Objectives
EPF’s investment decisions, including the trading of Malaysia Airports Holdings Bhd (MAHB) shares, align with its broader investment objectives and are aimed at generating the income required for dividend payouts.
A Well-Defined Framework
EPF has managed its investments in MAHB for the past 25 years based on a “well-defined framework” and a careful buy-and-sell strategy to ensure optimal returns for its members.
Long-Term Strategic Plan
The recent decision to make a voluntary general offer for MAHB’s shares as part of the Gateway Development Alliance (GDA) consortium reflects a long-term strategic plan aimed at achieving sustainable growth and returns.
Chinese Wall Policy
As an institution committed to good governance, EPF implements a Chinese Wall policy to ensure that its fund managers do not have access to important non-public information such as acquisition offers that may occur.
Information Barrier
The policy stipulates maintaining a strict boundary between teams that have access to material non-public information and teams that deal with the public markets.
Preventing Insider Trading
This policy serves as an information barrier between different departments within the EPF, preventing the disclosure of material non-public information and maintaining the integrity of its market activities.
Ensuring Transparency
This ensures that decisions made by fund managers are based solely on publicly available information, avoiding any unfair advantage or insider trading.
Conclusion
EPF’s investment in MAHB is a testament to its commitment to supporting dividend payouts and achieving long-term growth and returns for its members.
FAQs
- What is EPF’s investment strategy for MAHB?
- How long has EPF been an MAHB shareholder?
- What is the purpose of EPF’s Chinese Wall policy?
- What is the composition of the GDA consortium?
EPF’s investment strategy for MAHB is based on a well-defined framework and a careful buy-and-sell strategy to ensure optimal returns for its members.
EPF has been an MAHB shareholder since November 30, 1999.
The Chinese Wall policy is designed to prevent fund managers from having access to important non-public information and to ensure that decisions are based solely on publicly available information.
The GDA consortium comprises EPF, Khazanah-backed UEM Group Bhd, the Abu Dhabi Investment Authority, and BlackRock-owned Global Infrastructure Partners.