Retirement Fund Inc (KWAP), also known as Kumpulan Wang Persaraan Diperbadankan, has emerged as a substantial shareholder in Aeon Co (M) Bhd following a recent share acquisition.
Retirement Fund Inc, better known as Kumpulan Wang Persaraan Diperbadankan (KWAP), has emerged as a substantial shareholder in Aeon Co (M) Bhd.
In a filing with Bursa Malaysia on Monday, the operator of the Japanese supermarket chain in Malaysia said KWAP acquired a total of 1.57 million shares on May 20.
Following the acquisition, KWAP now holds 43.23 million shares, representing a 3.08 per cent direct stake, as well as 27.87 million shares, equivalent to a 1.99 per cent indirect stake, in Aeon Co.
At Friday’s market close, Aeon Co shares slipped one sen to RM1.14, with 2.8 million shares traded.
