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 EPF Suspended Public Mutual as Approved Fund Mgr, Suspension starts 29th October, 2012

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simonlai61
post Oct 30 2012, 04:02 PM

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QUOTE(daniellehu @ Oct 30 2012, 07:09 AM)
Please be informed that the services of Public Mutual Berhad (IPD Code 03) as Approved Fund Management Institutions (IPD) under the EPF Members’ Savings Investment Withdrawal have been suspended with effect from 29 October 2012.

Accordingly Public Mutual Berhad (IPD Code 03) is prohibited from opening accounts for EPF members and/or receiving credit transfers from EPF members commencing from 29 October 2012. However, the IPD is still responsible for managing existing members’ investments, if any, transferred before 29 October 2012.

You may click the link below as to verify this announcemnt

http://www.kwsp.gov.my/portal/en/web/kwsp/...ment-institutes
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May I know suspended for what reason? Mind to share??? Sorry for lazy read the previous thread.... tongue.gif

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