KLSE (MYR): YTLPOWR (6742)
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Last Price
4.02
Today's Change
+0.12 (3.08%)
Day's Change
3.87 - 4.05
Trading Volume
12,440,100
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dragon328
2,658 posts
Posted by dragon328 > 2023-06-06 10:58 | Report Abuse
EPF just ceased to be a substantial shareholder of YTLP and still has some 400 million shares for potential sell off. Looking at its aggressive selling of 5m to 6m a day, it would probably take 67 to 80 days for EPF to completely sell off its stakes in YTLP.
Compared to YTL, EPF has been even more aggressive in selling, sometimes at over 20m shares a day, so its stakes in YTL should be low now. That's why we see YTL share has been running up more than YTLP which is capped by EPF selling.