10-08-2007: EPF cuts Proton stake
The Employees Provident Fund (EPF) reduced its shareholding in Proton Holdings Bhd to 72.72 million shares after disposing of 3.6 million shares from July 10 to 23.
A filing with Bursa Malaysia showed the fund disposing of one million Proton shares on July 10 and another 1.12 million shares the next day. The other shares were disposed from July 12 to 23.
After the disposal of the shares, its stake was reduced to 13.24% or 72.72 million shares.
The share price of the embattled car maker was trading between RM5.70 to RM6.05 on those days.
A filing with Bursa Malaysia showed the fund disposing of one million Proton shares on July 10 and another 1.12 million shares the next day. The other shares were disposed from July 12 to 23.
After the disposal of the shares, its stake was reduced to 13.24% or 72.72 million shares.
The share price of the embattled car maker was trading between RM5.70 to RM6.05 on those days.
posted by SEE FU at 9:00 AM
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