EPF, KWAP hold key in Japanese takeover of JTI

By CECILIA KOK

PETALING JAYA: The Employees Provident Fund (EPF) and Kumpulan Wang Persaraan (KWAP) hold the key to the success of Japan Tobacco Inc’s intention to take over cigarette manufacturer JT International Bhd (JTI).

Both funds are substantial shareholders in JTI, collectively owning a 14.97% stake in the company.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Japan Tobacco , JTI , JT International

Next In Business News
Gold breaks US$4,400 for first time on Fed rate-cut bets, silver hits new high
Oil up on news the US intercepted an oil tanker off Venezuela
UK economy slowed to show 0.1% growth in third quarter, ONS says
Bank Negara international reserves edge up to US$124.3bil as at Dec 15
Evergreen Max Cash secures four new pawnbroking licences from KPKT
Asia shares extend gains, yen friendless as bonds buckle
Trump shook up global trade this year; some uncertainty may persist in 2026
Yinson unit enters 15-year PPA with Genesis Energy of New Zealand
Malaysian durians sell out fast in Hainan after customs shift
Betamek wins six-year Perodua contract worth RM176mil

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.