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LEAVING THIS BLOG NOW...................

As I will be on a long months' holidays starting 7th July 2010 prior to my retirement in October 2010, I will suspend my service in updating my blog on daily issues or facts of interest.

I would like to thanks everyone for having the interest in surfing my blog and sharing the thoughts with me.

Thank you to everyone.

Tuesday, March 9, 2010

EPF raises MRCB stake

The Employees Provident Fund (EPF) acquired another 24.8 million shares in Malaysian Resources Corp Bhd (MRCB) last Friday.

A filing with Bursa Malaysia yesterday showed the shares were bought at an average price of RM1.479 each.

Last week, the EPF extended a conditional general offer (GO) for the 66.2% of MRCB that it does not own after it triggered the GO following its subscription of 171.47 million MRCB rights shares late last year.

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