KUALA LUMPUR (June 10): Sime Darby Property Bhd’s foreign shareholding rose for the second consecutive month to 9.96% in April 2021 from 9.88% in the preceding month, according to the latest update on the company’s website.

Sime Darby Property, which has 6.8 billion issued shares, said that in March 2021, its foreign shareholding increased to 9.88% from 9.79% in February 2021.

Sime Darby Property’s data shows that the company previously experienced consecutive growth in foreign shareholding from 9.6% in November 2020 to 9.76% in December 2020, and a slight increase to 9.8% in January 2021.

The consecutive growth was interrupted by a slight decrease in foreign shareholding to 9.79% in February 2021 from 9.8% in the preceding month.

Sime Darby Property’s major shareholders include AmanahRaya Trustees Bhd and the Employees Provident Fund (EPF), which owned stakes of about 44.98% and 9.59% respectively in Sime Darby Property as at March 15, 2021, according to the company.

At 10.15am today, Sime Darby Property shares were up half a sen or 0.8% at 63 sen, valuing the company at RM4.28 billion.

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