KUALA LUMPUR (Jan 26): The Employees Provident Fund board (EPF) has increased its stake in IOI Properties Group Bhd (IOI Prop) and emerged as one of the group's substantial shareholders, with 5.06%.

In a filing with Bursa, EPF bought 2.57 million shares on Jan 23 this year. 

As of closing on Jan 23, IOI Prop closed at RM2.10. With the transaction, EPF would hold 222.9 million shares in IOI Prop.

In the last one year, IOI Prop's share price has seen some momentum. The stock gained 4.15% to RM2.11, as of noon market today. — theedgemarkets.com

SHARE
RELATED POSTS
  1. IOI Properties records revenue of RM1.25 bil for 6M FY2024
  2. EPF grants Ekovest extension till February 2026 to implement exit plan from Duke
  3. Haily bags RM45.8 mil construction job to build houses in Johor