Sign in Subscribe
Real estate industry

Employees Provident Fund Board Acquires Substantial Shareholding in Axis Real Estate Investment Trust

Strategic Insights

— 1 min read

The Employees Provident Fund Board (EPF) has acquired a substantial shareholding in Axis Real Estate Investment Trust (REIT). As of May 15, 2025, the EPF increased its direct interest in Axis REIT by acquiring 215,000 units, bringing its total direct interest to 369,430,991 units, representing 18.282% of the company.

Key Takeaways:

  • The Employees Provident Fund Board (EPF) has acquired a substantial shareholding in Axis Real Estate Investment Trust (REIT).
  • As of May 15, 2025, the EPF increased its direct interest in Axis REIT by acquiring 215,000 units and another 110,000 units, totaling 369,430,991 units.
  • The acquisition represents 18.282% of Axis REIT's company.
  • The notice of change was received by Axis REIT on May 20, 2025.
  • The address of the registered holder is Citigroup Nominees (Tempatan) Sdn Bhd - Emplys Prvnt Fd Bd at Level 42, Menara Citibank, 165 Jalan Ampang, 50450, Kuala Lumpur.

Statistics:

  • Number of units acquired: 215,000 and 110,000 units.
  • Total direct interest in Axis REIT: 369,430,991 units.
  • Percentage of company interest: 18.282%.
  • Date of notice: May 16, 2025.
  • Date notice received by Listed Issuer: May 20, 2025.

Sources:

  • Kuala Lumpur: The company has shared following information with Bursa Malaysia Stock Exchange on its website: Changes in Sub. S-hldr's Int (Section 138 of CA 2016)...

Read more