PETALING JAYA: The Minister of Finance Inc (MoF Inc), the second largest shareholder in Bursa Malaysia Bhd
, has disposed of its entire 16.12% stake in the securities and commodity exchange operator to Retirement Fund Inc (KWAP) effective July 29.
Bursa Malaysia announced that the Finance Ministry’s investment arm disposed the 86.2 million shares to KWAP, whose stake has now risen to 19.8% which makes it the single largest shareholder.
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