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Malaysia's EPF no longer AEM's substantial shareholder following two-straight days of open market selling

The Edge Singapore
The Edge Singapore  • 1 min read
Malaysia's EPF no longer AEM's substantial shareholder following two-straight days of open market selling
AEM is guiding for higher FY2026 revenue
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Malaysia's Employees Provident Fund Board has cut its stake in AEM Holdings for the second day, selling into the market that is finally turning bullish on the stock that is guiding for a better year ahead.

On March 2, EPF sold 6.45 million shares at an average of $2.97 each; the following day, it sold another 1.9 million shares at $3.18 each.

In total, EPF collected proceeds of just over $25.2 million and has cut its stake from 7.123% to 4.466%, or just over 14 million shares.

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