KUALA LUMPUR: The Employees Provident Fund (EPF) has emerged as a substantial shareholder in Eco World Development Group Bhd
with a 5.012% stake.
In a filing with Bursa Malaysia on Tuesday, the property company announced that the EPF had bought 374,600 shares on Feb 14.
The purchase saw its shareholding cross the 5% stake when it held a total of 147.584 million shares.
Eco World Development share price closed at RM1.36 on that day.