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.

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Business , Japan Tobacco , JTI , JT International

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