EPF steps up buying of IOI Corp shares in late February

IOI Corp's plantation in Johor

KUALA LUMPUR: The Employees Provident Fund Board bought more than 15 million shares of IOI Corporation Bhd from Feb 21 to 24.

Filings with Bursa Malaysia showed the EPF bought a total of 15.018 million shares during the period, raising its stake in the plantation heavyweight from 6.78% to 7.02% or 441.29 million shares.

The latest was the purchase of 5.018 million shares on Feb 2.