KUALA LUMPUR (March 6): The Employees Provident Fund (EPF) has emerged as a substantial shareholder of Mitrajaya Holdings Bhd, with a 5.14% stake.
Based on a filing to Bursa Malaysia, the provident fund had on Wednesday (March 4) purchased 1.1 million shares or a 0.28% stake in Mitrajaya (fundamental: 1.7; valuation: 1.8), bringing its stake to 5.14%.
The filing, however, did not state the price of the transaction.
Mitrajaya is involved in construction and civil engineering works and property development.
The counter closed at RM1.65 today, up 6 sen or 3.77%, giving it a market capitalisation of RM626.62 million.
(Notes: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)