EPF is major shareholder of Aurelius

PETALING JAYA: The Employees Provident Fund (EPF) has emerged as a substantial shareholder in electronic manufacturing services company, Aurelius Technologies Bhd.

In a filing with Bursa Malaysia, Aurelius said the EPF had become a substantial shareholder on June 19, 2024, with a total number of securities equivalent to 34.11 million or 7.869%.

Aurelius’ share price has risen more than 40% year-to-date and more than 60% over the past 12 months.

For its first quarter ended March 31, 2024, Aurelius reported a net profit of RM15.73mil, on revenue of RM125.70mil.

In a filing on its latest financial results, Aurelius said it will continue to remain prudent and cautiously optimistic in navigating through the unpredictable global market.

The company said it will strive to continue to selectively invest in technology infrastructure to further diversify and enhance its Internet of Things and automotive manufacturing capabilities.