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
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Week Ahead1 day ago
-
-
-
-
-
-
-
-
-
-
-
Net Worth Update Mar 242 days ago
-
-
-
-
Position Update3 days ago
-
-
Finance Investment Movement 433 days ago
-
-
-
-
-
-
-
-
-
-
MAS Singapore Gold Vault4 days ago
-
-
-
-
-
-
-
Mental Stress at Work for me6 days ago
-
Gaining And Holding6 days ago
-
-
-
-
-
-
-
-
-
-
-
-
Just sold at record high!1 week ago
-
-
-
-
-
-
-
-
-
Monthly IBKR Update – Feb 20242 weeks ago
-
More Bad News…2 weeks ago
-
-
-
Feb 2024 Portfolio2 weeks ago
-
Rethinking my financial targets for 20242 weeks ago
-
-
AEM share price in new dawn?2 weeks ago
-
-
-
-
-
Summary of February 20242 weeks ago
-
Portfolio (Feb 29, 2024)2 weeks ago
-
Portfolio -- Feb 20242 weeks ago
-
-
The Market Is A Scam!2 weeks ago
-
-
-
The Bus Collective Daycation Review2 weeks ago
-
-
-
-
-
-
-
-
-
-
-
-
Today’s Deal of the day – Max Miles4 weeks ago
-
-
Options Trading Journal Jan 20244 weeks ago
-
-
-
-
-
-
-
-
-
Personal Net Worth Jan 20242 months ago
-
-
-
End of 2023 Review2 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report2 months ago
-
Monthly Summary of November 20233 months ago
-
3 Simple Poker Strategies for Beginners3 months ago
-
Migration of website3 months ago
-
-
Abandon REITS?3 months ago
-
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates6 months ago
-
-
-
-
Hello SP Group, I'm Back!8 months ago
-
-
-
-
I am in debt9 months ago
-
A New Light10 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-