EPF ceases to be substantial shareholder of MYNEWS 5275 MYNEWS HOLDINGS BERHAD
KUALA LUMPUR (July 22): The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of MyNews Holdings Bhd, the retailer notified on Friday (July 22).
This came after a 1.75 million-share offloading which slashed the pension fund’s stake in MyNews to 4.93% or 33.65 million shares.
The EPF began trimming its stake in MyNews on Oct 6 last year with a disposal of 45,300 shares, which pared its shareholding to 45.36 million or a 6.65% stake.
The fund’s shareholding in MyNews dropped to 35.4 million shares or 5.19% on July 18, after it sold 540,000 shares, according to a filing on Thursday.
Since Oct 6 last year, the EPF has registered a net sale of 11.76 million shares (11.82 million disposed and 56,700 acquired).
On Friday, shares in MyNews finished half a sen or 1.33% higher at 38 sen, giving the group a market capitalisation of RM255.81 million.
The retailer’s share price has fallen 54.49% year-to-date.
http://www.theedgemarkets.com/article/epf-ceases-be-substantial-shareholder-mynews
Singapore Investment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2Q 2025 Investment Strategy Update18 hours ago
-
-
-
-
-
-
Portfolio Summary for June 202523 hours ago
-
-
-
-
-
Portfolio (June 30, 2025)1 day ago
-
Portfolio (June 30, 2025)1 day ago
-
-
-
-
-
-
-
-
-
Month of June 20251 day ago
-
June 2025 Updates1 day ago
-
-
-
-
-
-
-
-
-
Batisht crazy!4 days ago
-
-
Will SORA crash to 1 per cent?4 days ago
-
-
-
-
Hello world!6 days ago
-
-
-
Cut back some exposure1 week ago
-
-
-
-
-
-
8 tips for house moving1 week ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
May 2025 Portfolio4 weeks ago
-
-
-
Thakral - Gem life deal finally coming?5 weeks ago
-
-
-
-
-
Clarity1 month ago
-
The Trump Tariffs1 month ago
-
Selling HRnet and Fiverr1 month ago
-
-
-
-
Ignore the noise and be calm2 months ago
-
-
-
-
FAQ on Quantitative Investing Part 22 months ago
-
-
-
-
Crossing the 300k Mark [in a volatile period]2 months ago
-
-
-
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?5 months ago
-
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!6 months ago
-
Top 10 Highlights of 20246 months ago
-
-
-
Union Square Residences8 months ago
-
-
-
STI ETF9 months ago
-
-
-
Unibet Casino Bonus Codes 20249 months ago
-
-
-
-
The Stigma against Early Retirement (FIRE)11 months ago
-
Monthly IBKR Update – June 202411 months ago
-
-
-
-
-
-
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
Hello SP Group, I'm Back!2 years ago
-
-
-
A New Light2 years ago
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment3 years ago
-
Terra Hill Condo (former Flynn Park)3 years ago
-
Alibaba VS Tencent: The Battle Royale3 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-