Jan 26 2007, 12:12 PM, updated 19y ago
QUOTE
EPF buys more shares in Proton
KUALA LUMPUR: The Employees Provident Fund (EPF) has acquired an additional 830,000 shares in Proton Holdings Bhd on the open market, raising its stake to 69.25 million shares, Bursa Malaysia said.
The exchange did not provide the value of the transaction, which was done between Jan 5 and 12.
Bursa also said the EPF had disposed of 678,000 shares in SP Setia Bhd on Jan 15 and 16, reducing the pension fund's stake in the property developer to 57.38 million shares. - AFX-Asia
KUALA LUMPUR: The Employees Provident Fund (EPF) has acquired an additional 830,000 shares in Proton Holdings Bhd on the open market, raising its stake to 69.25 million shares, Bursa Malaysia said.
The exchange did not provide the value of the transaction, which was done between Jan 5 and 12.
Bursa also said the EPF had disposed of 678,000 shares in SP Setia Bhd on Jan 15 and 16, reducing the pension fund's stake in the property developer to 57.38 million shares. - AFX-Asia
The fact is, Malaysia has no capability to produce car to compete globally, not to mention to survive locally. Sad to see these incompetent trying to protect each other for their own interest.
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