The Employees Provident Fund (EPF) has boosted its stake in YTL Power International Bhd, purchasing an additional 5.25 million ordinary shares in the utility and infrastructure giant.
In a filing with Bursa Malaysia, EPF disclosed that the acquisition was made on 5 August 2025 via direct interest held under Citigroup Nominees (Tempatan) Sdn Bhd – Employees Provident Fund Board. The transaction lifts EPF’s total direct holdings in YTL Power to 746.17 million shares, representing an 8.72% stake.
YTL Power’s shares have been on a steady upward trajectory in recent months, underpinned by strong investor sentiment towards its growing data centre energy business and established power generation operations. Analysts say EPF’s move reflects continued confidence in the company’s long-term growth potential.
The counter had earlier slipped to a low of RM2.44 in April following reports that data centre projects could be impacted by US President Donald Trump’s review of the CHIPS Act – a move that raised concerns over potential delays in American tech investments in Malaysia. However, sentiment has since improved, with those fears easing and the stock rebounding sharply.
YTL Power closed at RM4.20 on Friday, matching its recent peak.
