Sources said a sale could come as early as the first quarter of this year.
EPF, which is also one of the world's biggest pension funds with total assets of 1.01 trillion ringgit, is looking to sell assets held by its Malaysian education real estate investment trust, Alpha REIT, which it is winding up, the sources added.
Alpha REIT is Malaysia's first Islamic REIT with a mandate to focus on education. Its assets are Sri KDU schools, The International School @ ParkCity and Eaton International School situated in Malaysia's capital city of Kuala Lumpur and its richest state of Selangor, according to its website. "The actual date for the launch of sale, however, will be determined and conducted by Alpha REIT," it added.
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