2009-02-14

13-02-2009: EPF buys 9.63m IOI Corp shares

KUALA LUMPUR: The Employees Provident Fund (EPF) Board acquired 9.63 million shares of IOI Corp Bhd in the open market from Feb 5 to 11.

A filing to Bursa Malaysia yesterday showed the EPF acquired the shares at prices ranging from RM3.74 to RM3.93. It paid a total of RM34.62 million for the shares.

During the same period, the EPF also sold 2.09 million shares for RM8.04 million.

The EPF also acquired 758,900 shares in IOI Properties Bhd during the period for RM1.94 million at prices ranging from RM2.53 to RM2.57.

IOI Corp had on Feb 4 proposed to take its 76.04% owned IOI Properties private at RM2.598 per share to be satisfied in shares and cash.

Shareholders owning the remaining 24% stake, comprising 199.73 million shares in IOI Prop would receive 0.6 of an IOI Corp share of 10 sen each at an issue price of RM3.78 per share, and 33 sen cash for every one IOI Prop share held.



IOI Properties - Puchong New Shophouses

IOI產業再傳私有化

趁低吸購 / 擴展收購

Rumours Kill (IOICorp)

IOICorp and Resorts


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