Report: EPF to buy Sports Direct warehouse for RM562m


The Employees Provident Fund is the main source of savings for many Malaysians which they look to when they retire.

KUALA LUMPUR: The Employees Provident Fund (EPF) is reported to be buying the UK’s Sports Direct warehouse for £120mil or RM562mil.

UK’s Daily Mail reported yesterday that billionaire Mike Ashley, who owns British sportswear retailer Sports Direct International Plc, was selling the site in Shirebrook, Derbyshire although his firm will stay on as a tenant for 15 years.

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