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

Strategic Insights -

The Employees Provident Fund Board has acquired a significant number of units in Pavilion Real Estate Investment Trust (REIT), increasing its stake in the company. According to a recent filing with Bursa Malaysia Stock Exchange, CITIGROUP NOMINEES (TEMPATAN) SDN BHD, acting on behalf of the Employees Provident Fund Board, acquired 640,900 units in Pavilion REIT. This brings the total number of units held by the Employees Provident Fund Board to 444,053,847, representing a direct interest of 12.13% in the company.

Key Takeaways:

  • The Employees Provident Fund Board, through CITIGROUP NOMINEES (TEMPATAN) SDN BHD, acquired 640,900 units in Pavilion REIT, increasing its stake in the company.
  • The total number of units held by the Employees Provident Fund Board in Pavilion REIT is now 444,053,847, representing a direct interest of 12.13% in the company.
  • The acquisition was made through various subsidiaries of CITIGROUP NOMINEES (TEMPATAN) SDN BHD, including Employees Provident Fund Board (Aberdeen) and Templeton.
  • The Employees Provident Fund Board's stake in Pavilion REIT has been growing steadily over the past few years, with a significant increase in the number of units held by the company.

Statistics:

  • 640,900 units in Pavilion REIT were acquired by CITIGROUP NOMINEES (TEMPATAN) SDN BHD on behalf of the Employees Provident Fund Board.
  • The total number of units held by the Employees Provident Fund Board in Pavilion REIT is 444,053,847.
  • The direct interest held by the Employees Provident Fund Board in Pavilion REIT is 12.13%.
  • The acquisition was made through various subsidiaries of CITIGROUP NOMINEES (TEMPATAN) SDN BHD.

Sources:

  • Bursa Malaysia Stock Exchange
  • Pavilion Real Estate Investment Trust (REIT)
  • Employees Provident Fund Board (Malaysia)
  • CITIGROUP NOMINEES (TEMPATAN) SDN BHD