The Employees Provident Fund (EPF) has increased its footprint in semiconductor giant Inari Amertron Berhad, bringing its total direct interest in the company to 14.99 percent.
In a filing with Bursa Malaysia on Friday, Inari revealed that the retirement fund acquired a significant volume of shares on April 21, 2026, amid a broader institutional reshuffling of its portfolio.
The EPF’s latest move involved three distinct transactions executed through its various fund managers: Nomura: The fund acquired 5,000,000 shares via Citigroup Nominees (Tempatan) Sdn Bhd. BNP Najmah EQ: A further 2,279,400 shares were acquired through this Shariah-compliant mandate. CPIAM EQ: In a minor offsetting move, the fund disposed of 100,000 shares through this specific manager.
The net acquisition of over 7.1 million shares on a single day underscores the EPF’s continued confidence in the Outsourced Semiconductor Assembly and Test (OSAT) player, particularly as the industry navigates the 5G-Advanced and Artificial Intelligence (AI) infrastructure cycles.
Following these changes, the EPF now holds a total of 570,396,122 ordinary shares in Inari Amertron. At a 14.99 percent stake, the fund remains one of the most influential institutional shareholders in the company, trailing only behind Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and major private investment vehicles.
The notice of the change in substantial shareholding was dated April 22 and officially received by Inari on April 24, 2026.
