Filings showed that the largest provident fund in the country had disposed of a block of 800,000 shares in DRB-Hicom last Wednesday.
KUALA LUMPUR: The Employees Provident Fund (EPF) is buying CIMB Bank Bhd’s entire interest and units in two funds that invest in Australian commercial office assets for A$37.13mil (RM123mil) in cash.
CIMB Group
Holdings Bhd said in a statement to Bursa Malaysia that CIMB Bank, a 99.99% subsidiary of its wholly-owned CIMB Group Sdn Bhd, had signed an agreement with EPF to sell its entire 12.42% interest in CIMB-TrustCapital Australia Office Fund 1 (AOF1) and 13.70% units in CIMB-TrustCapital Australia Office Fund 2 (AOF2).
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