EPF one of main takers of SapuraKencana private placement

PETALING JAYA: The Employees Provident Fund (EPF) has emerged as one of the main takers of the RM1.6bil private placement exercise by SapuraKencana Petroleum Bh d, Bursa filings indicated.

Earlier this week, filings showed that the EPF had acquired 109.27 million SapuraKencana shares but it did not reveal the pricing or the nature of the acquisition of such a big block of shares.