KUALA LUMPUR: The Employees Provident Fund (EPF) has emerged as a substantial shareholder of property development group UEM Sunrise Bhd.
A Bursa Malaysia filing yesterday showed that the EPF had on April 18 acquired 678,000 shares in a direct transaction. The price at which the shares were transacted was not disclosed.
Following the share acquisition, the EPF’s stake in UEM Sunrise now stands at 227.13 million shares or 5%.
This article first appeared in The Edge Financial Daily, on April 24, 2014.
TOP PICKS BY EDGEPROP
Elegan Townhouse, Taman Putra Perdana
Paisley Serviced Residences, Tropicana Metropark
Subang Jaya, Selangor
OFF JALAN SUNGAI CHOH / BUKIT BERUNTUNG
Taman Mawar, Bandar Baru Salak Tinggi