How does the 50 percent Bumiputera rule affect EPF property transactions and retirement fund members?

Question

## The 50 percent Bumiputera equity requirement restricts the pool of eligible buyers for high-value property disposals by government-linked investment companies like the Employees Provident Fund, potentially impacting transaction flexibility.

Accepted Answer

The Ministry of Economy’s updated Properties Acquisition Guidelines mandate that any property divestment by government-linked companies (GLCs) and government-linked investment companies (GLICs) valued at RM20 million or more must involve buyers with at least 50 per cent Bumiputera equity. This policy, which increased the threshold from the previous 30 per cent, applies directly to the Employees Provident Fund (EPF), the nation’s primary statutory retirement fund serving all Malaysians regardless of ethnicity.

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How does the 50 percent Bumiputera rule affect EPF property transactions and retirement fund members?

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