MY Digest: KWAP says SRCI paying interest on $1.1b loan; EPF says short-term volatility normal

MY Digest: KWAP says SRCI paying interest on $1.1b loan; EPF says short-term volatility normal

A man walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, REUTERS/Olivia Harris

Malaysia’s civil service pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) reaffirmed that SRC International Sdn Bhd is still servicing the interest payments of its RM4.385 billion ($1.1 billion) loan while Employees Provident Fund (EPF) normalised the short-term volatility that is happening in the local stock market. Both were speaking to the local media after a meeting with the Council of Eminent Persons on Monday.

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