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Real estate industry

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

Strategic Insights

— 1 min read

The Employees Provident Fund Board has acquired an additional 1,824,300 units and 857,800 units in Pavilion Real Estate Investment Trust through its nominees, CITIGROUP NOMINEES (TEMPATAN) SDN BHD, respectively. This move has increased the board's stake in the trust to 472,352,947 units, representing 12.045% of the total securities held by the trust.

Key Takeaways:

  • Employees Provident Fund Board, through its nominees, has acquired 1,824,300 units and 857,800 units in Pavilion Real Estate Investment Trust, increasing its stake in the trust to 472,352,947 units.
  • The board's stake represents 12.045% of the total securities held by the trust.
  • The acquisition was made through CITIGROUP NOMINEES (TEMPATAN) SDN BHD, which is registered at Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
  • The Employees Provident Fund Board is a Malaysian national pension fund, governed by the EPF Act 1991.
  • The acquisition is part of the board's efforts to increase its investment in real estate investment trusts (REITs) in Malaysia.

Statistics:

  • 1,824,300 units were acquired by CITIGROUP NOMINEES (TEMPATAN) SDN BHD on July 18, 2025.
  • 857,800 units were acquired by CITIGROUP NOMINEES (TEMPATAN) SDN BHD (TEMPLETON) on July 18, 2025.
  • The Employees Provident Fund Board now holds 472,352,947 units in Pavilion Real Estate Investment Trust, representing 12.045% of the total securities.
  • The board's declaration of interest was received by the Listed Issuer on July 23, 2025.

Sources:

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

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