PETALING JAYA: The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of IOI Properties Group Bhd
(IOIPG), according to a stock market filing.
A filing with Bursa Malaysia revealed that the EPF had disposed of 100 million shares or a 1.82% stake on Oct 3.
This reduces the EPF’s shareholding in IOIPG to 4.29% from 6.11% previously.
The stock closed one sen or 0.47% down to RM2.14 yesterday.
IOIPG’s net profit for the fourth quarter ended June 30, 2025 (4Q25) plunged by 47% year-on-year due to lower fair value gains from investment properties and higher interest expense following the commencement of operations of IOI Central Boulevard Towers.
In 4Q25, IOIPG’s net profit slid to RM823.93mil from RM1.55bil previously, or an earnings per share of 14.96 sen.
