Employees Provident Fund Board Acquires and Disposes of Pavilion Real Estate Investment Trust Shares
The Employees Provident Fund Board (EPF) has made significant changes to its shareholding in Pavilion Real Estate Investment Trust (PVREIT) on August 7, 2025. According to the company's filing with the Bursa Malaysia Stock Exchange, the EPF acquired 2,851,300 units and disposed of 3,457,000 units of PVREIT through its nominee, Citigroup Nominees (Tempatan) Sdn Bhd.
The acquisition of 2,851,300 units increased the EPF's direct interest in PVREIT to 467,751,147 units, representing an 11.918% stake in the trust. This significant increase demonstrates the EPF's commitment to its investment in PVREIT. However, the disposal of 3,457,000 units resulted in a net decrease in the EPF's direct interest in PVREIT.
Key Takeaways:
- The EPF acquired 2,851,300 units and disposed of 3,457,000 units of PVREIT on August 7, 2025.
- The EPF's direct interest in PVREIT increased to 11.918% with 467,751,147 units.
- The EPF's nominee, Citigroup Nominees (Tempatan) Sdn Bhd, facilitated the acquisition and disposal of PVREIT shares.
- The changes in the EPF's shareholding in PVREIT were made to accommodate its investment strategy and asset allocation.
- The EPF's investment in PVREIT is a significant portion of its portfolio, demonstrating its commitment to real estate investment trusts.
- The acquisition and disposal of PVREIT shares by the EPF have implications for the trust's management and strategic direction.
Statistics:
- 2,851,300 units of PVREIT were acquired by the EPF on August 7, 2025.
- 3,457,000 units of PVREIT were disposed of by the EPF on August 7, 2025.
- The EPF's direct interest in PVREIT increased to 467,751,147 units, representing an 11.918% stake.
- The net acquisition of PVREIT shares by the EPF resulted in an increase of 88,699 units.
Sources:
- Bursa Malaysia Stock Exchange, "Changes in Sub. S-hldr's Int (Section 138 of CA 2016)" (published on the Bursa Malaysia website)