The investing public can expect to be able to count on the Employees Provident Fund (EPF) to safeguard their common interests in corporate governance in public-listed companies (PLCs).
The EPF will ensure that corporate governance will be maintained at a high level, or improved, in the PLCs where it is represented on their boards or where it owns substantial stakes.
There is common cause with the public as the EPF is a minority shareholder in all listed companies except Malaysia Building Society Bhd (MBSB) in which it is the majority shareholder, according to the fund's deputy CEO (investments) Dr Roslan A. Ghaffar.
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