KWAP on being a responsible lender


KWAP acquired its maiden property in Malaysia – the 39-storey Integra Tower (right), which is part of The Intermark development, for RM1bil. This is in line with its decision to plough more money into local investments. STARpix by AZHAR MAHFOF. See also page 18

CEO says that it has learnt from previous lessons, sheds light on the issue of Bank Negara rep not being on the fund’s board

RESPONSIBLE lending transcends beyond banks. Even government-owned Retirement Fund Inc, or better known as KWAP, has learnt that it has to know what a borrower does with its funds.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , kwap , issue , challenges , pension

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read