Public Bank and Alliance Bank have informed the Exchange that the Employees Provident Fund had acquired additional shares in their company and have directly increased the number of units owned.
The transaction took place on 5 April through Citigroup Nominees Sdn Bhd where 450,000 units of Alliance Bank shares were acquired reaching 159, 927,440 and raising to 10.331% in direct interest. As for Public Bank, the pension fund acquired 3 million units in one tranche and another 281,600 in another tranche via Citigroup Nominee( AMUNDI). The latest transaction leaves EFF with 3.05 billion in direct units constituting 15.73% in direct interest of the bank.
Hong Leong and AMMB has also informed of similar acquisition by EPF.
