MARKET UPDATES :
The Employees Provident Fund (EPF) approved 413,827 applications for withdrawals amounting to RM8.50 billion in the third quarter of 2014 (Q3 2014).The Flexible Age 55 Withdrawal remained the top withdrawal scheme at RM1.70 billion, up from RM1.53 billion withdrawn in the corresponding period in 2013.In a statement today, EPF said members who opted to withdraw their savings in full via the Age 55 Lump Sum Withdrawal scheme increased by 2.74 per cent to RM1.63 billion in Q3 2014 with 40,931 applications approved, up from RM1.60 billion in Q3 2013.
STOCK RECOMMENDATION :
BUY IOI CORP ABOVE 4.620 TARGET 4.680 4.780 SL 4.540
The Employees Provident Fund (EPF) approved 413,827 applications for withdrawals amounting to RM8.50 billion in the third quarter of 2014 (Q3 2014).The Flexible Age 55 Withdrawal remained the top withdrawal scheme at RM1.70 billion, up from RM1.53 billion withdrawn in the corresponding period in 2013.In a statement today, EPF said members who opted to withdraw their savings in full via the Age 55 Lump Sum Withdrawal scheme increased by 2.74 per cent to RM1.63 billion in Q3 2014 with 40,931 applications approved, up from RM1.60 billion in Q3 2013.
STOCK RECOMMENDATION :
BUY IOI CORP ABOVE 4.620 TARGET 4.680 4.780 SL 4.540
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