Employees Provident Fund Board Increases Stake in Pavilion Real Estate Investment Trust

The Employees Provident Fund Board, a prominent Malaysian pension fund, has disclosed its increased stake in Pavilion Real Estate Investment Trust (PRIT) through CITIGROUP NOMINEES (TEMPATAN) SDN BHD. According to a recent filing with Bursa Malaysia Stock Exchange, the fund acquired 1,042,700 units and 932,700 units of PRIT, respectively, as of May 30, 2024. This move further consolidates the Employees Provident Fund Board's significant interest in the trust, with its total stake now standing at 439,099,703 units, representing approximately 12.008% of PRIT's total outstanding shares.

Key Takeaways:

• Employees Provident Fund Board acquired 1,042,700 units and 932,700 units of PRIT as of May 30, 2024.
• The fund holds a total stake of 439,099,703 units in PRIT, comprising direct and indirect interests.
• The increased stake now accounts for approximately 12.008% of PRIT's total outstanding shares.
• CITIGROUP NOMINEES (TEMPATAN) SDN BHD is the registered holder for all shares held by the Employees Provident Fund Board.
• The fund has multiple registered holders under different names, including CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD (TEMPLETON) and CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD (ABERDEEN).

Statistics:

• 1,042,700 units acquired by CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD (TEMPLETON) on May 30, 2024.
• 932,700 units acquired by CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD (ABERDEEN) on May 30, 2024.
• Total stake held by Employees Provident Fund Board in PRIT: 439,099,703 units.
• Percentage of PRIT's total outstanding shares held by Employees Provident Fund Board: approximately 12.008%.

Sources:

• Bursa Malaysia Stock Exchange via WEBSITE (Changes in Sub. S-hldr's Int (Section 138 of CA 2016) PAVILION REAL ESTATE INVESTMENT TRUST).
• No explicit date provided in the source material.