news

EPF disposes 5.52% of S P Setia shares

KUALA LUMPUR (July 9): S P Setia Bhd announced on Monday that the Employees Provident Fund (EPF) has disposed of 70,800 of ordinary shares, or a 5.52% stake, in the company.

In its annoucement to Bursa Malaysia, S P Setia said EPF disposed of its direct shares in the open equity market worth RM0.75 each. The company currently maintains 105.9 million shares.

In a seperate announcement, S P Setia said it will proceed with its exercise of listing 797,700 new ordinary shares worth RM0.75 each on the market.

The exercise will be granted listing and quotation with effect from 9am on Wednesday, July 11, 2012.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE