The Edge Malaysia·4 min read·hard

Why HRD Corp lost RM85.8 mil

Why HRD Corp lost RM85.8 mil
AI Summary

The Human Resource Development Corp (HRDC) in Malaysia suffered significant financial losses due to a flawed hedging strategy involving quoted shares. The agency used a structure that capped potential gains while exposing the fund to unlimited downside risk if the vendors defaulted on their obligations.

BURSA SGX Home Edge Weekly Make The Edge Malaysia your preferred source on Google This article first appeared in The Edge Malaysia Weekly on July 13, 2026 - July 19, 2026

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