KUALA LUMPUR: The Employees Provident Fund (EPF) Board took the opportunity to take profit in plantation heavyweight IOI Corporation on Nov 27 to dispose of 7.86 million shares.
A filing with Bursa Malaysia on Wednesday showed that after disposal of the shares, the EPF's total stake was reduced to 568.61 million shares or 9.03%.
IOI Corp’s share price rose to a month high of RM4.46 on Nov 27 but closed at RM4.46 on that day due to profit taking.
IOI Corp share price closed three sen lower at RM4.29 at midday on Wednesday.
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