<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 10): The Employees Provident Fund (EPF) emerged as a substantial shareholder in 99 Speed Mart Retail Holdings Bhd (KL:<a href="/askedge/klse/5326" class="ce-stock" target="_blank">99SMART</a>) following a 0.07% stake purchase, an amended bourse filing showed.</p></div>

<div class=newsTextDataWrapInner><p>The amended announcement on Tuesday clarified that the provident fund acquired six million shares in the minimart chain operator on June 4, not 421.79 million shares or a 5.02% stake as previously disclosed via the bourse on Monday.</p></div>

<div class=newsTextDataWrapInner><p>The 0.07% stake purchase raised the EPF’s stake in 99 Speed Mart to 5.02%, beyond the 5% threshold required to be deemed a substantial shareholder.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>99 Speed Mart’s chief executive officer Lee Thiam Wah is the single largest shareholder controlling 79.68% equity interest in the company he founded.</p></div>

<div class=newsTextDataWrapInner><p>The minimart operator was granted a waiver from the Securities Commission Malaysia from having to meet the minimum 25% public spread requirement for its listing exercise.</p></div>

<div class=newsTextDataWrapInner><p>At the noon break, shares in 99 Speed Mart stood nine sen or 4.29% higher at RM2.19, valuing the group at RM18.4 billion.</p></div>

<div class=newsTextDataWrapInner><p>The group listed on the Main Market of Bursa Malaysia in September last year at an initial public offering price of RM1.65 per share.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/758379" target="_blank">EPF buys 5% stake in 99 Speed Mart</a></em></p></div>


The Employees Provident Fund (EPF) emerged as a substantial shareholder in 99 Speed Mart Retail Holdings Bhd (KL:99SMART) following a 0.07% stake purchase, an amended bourse filing showed.

EPF buys 0.07% in 99 Speed Mart, not 5% as previously stated, company clarifies 

The Edge Billion Ringgit Club (BRC) Awards turns 17 this year. The trust, support and goodwill — accumulated since 2010 — have helped make our simple desire to recognise, honour and celebrate the biggest and the best of Corporate Malaysia into a tradition, perhaps more. The Edge Media Group chairman Tan Sri Tong Kooi Ong thinks we can safely call the Billion Ringgit Club an institution. I agree.

Institutionalising excellence

The Edge Billion Ringgit Club (BRC) Awards 2026 brought together Corporate Malaysia’s leaders and top-performing companies on Sept 23 for an evening of celebration and recognition.

An evening of corporate excellence

Speech by Tan Sri Tong Kooi Ong, Chairman of The Edge Media Group

Let the winners emerge through competition and merit

Sunway Construction Group Bhd (KL:SUNCON) winning the grand award — Company of the Year — at The Edge Billion Ringgit Club (BRC) Awards 2026 marks another milestone for the construction arm of Sunway Bhd (KL:SUNWAY), as the group continues to strengthen its position in an increasingly competitive industry.

Building resilience in an age of disruption

Sunway Construction Group Bhd (KL:SUNCON) garnered yet another recognition at The Edge Billion Club (BRC) Awards this year. But what makes this year’s achievement special is that it took home the grand award — Company of the Year — recognising its strong performance not only financially, but also in corporate responsibility.

Built for growth

Petroliam Nasional Bhd (PETRONAS), the only Malaysian company listed on the Fortune Global 500, took centre stage at the height of the fuel supply crisis in early 2026, when it was tasked with helping to coordinate and secure the country’s fuel supplies, going beyond its normal business activities amid disruptions in West Asia.

More than  Malaysia’s oil-and-gas steward

Growth and responsibility need not pull in opposite directions. Corporate Malaysia’s leading companies are showing that the two can go hand in hand by focusing on environmental, sustainability and governance issues most material to their businesses and stakeholders, and measuring the outcomes to continuously realign their efforts.

Doing what matters, touching lives

As private hospital operators grapple with rising medical costs, KPJ Healthcare Bhd (KL:KPJ) continues to chart a steady growth path.

Growth momentum faces new leadership test

Despite a complex reinsurance landscape marked by rising catastrophe risks, a softening pricing cycle and market volatility, MNRB Holdings Bhd (KL:MNRB) has managed to strengthen its earnings over the last three years, demonstrating remarkable resilience in the face of these challenges.

Record earnings despite headwinds

Solarvest Holdings Bhd (KL:SLVEST) made an emphatic debut at The Edge Billion Ringgit Club (BRC) Awards, sweeping all three trophies in the energy sector, as its rapid growth rides on Malaysia’s ambitious renewable energy (RE) goals.

Solar boom yields hat-trick wins

<p>MARC Ratings has revised the MARCWatch status on Zetrix AI Bhd (KL:ZETRIX) to “negative” from “developing”, citing heightened concerns over transparency, governance and “continued unavailability of material information required for an informed assessment of its credit profile”.</p>


MARC Ratings revises Zetrix AI watch status to 'negative' on governance, disclosure concerns

<p>BATU PAHAT (Oct 4): A 16-year-old female student died after she was found unconscious and covered in blood at a school in Yong Peng Saturday.</p>

<p>Police said a 16-year-old male teenager was arrested at about 7pm in the Yong Peng area, about an hour after police were alerted to the incident....

Teen nabbed after student found murdered at Yong Peng school

<p>The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday.</p>


Iran says Strait of Hormuz will not reopen until conditions are met

<p>Red Bull's Max Verstappen won a chaotic rain-hit Bahrain Grand Prix in Malaysia on Sunday for his first victory of the season after the race start was delayed by more than 90 minutes due to treacherous conditions at the Sepang International Circuit.</p>


Verstappen wins chaotic rain-delayed Bahrain Grand Prix 

<p>Malaysia’s semiconductor industry has asked Putrajaya to up reinvestment and research incentives, ease access to skilled foreign talent as well as reduce friction of doing business in Budget 2027 to enable the next phase of growth, as competition for investment intensifies globally.</p>


Chip industry seeks bigger R&D, automation incentives in Budget 2027

<p>South Korean President Lee Jae Myung ordered a thorough investigation and response measures over recent personal data leak incidents at banks, finance companies and public agencies, Seoul's presidential office said on Sunday.</p>


South Korean president orders probe into data leaks across financial industry

<p>Transport Minister Anthony Loke Siew Fook is scheduled to speak on the suspension of My E.G. Sdn Bhd and Zetrix AI Bhd (KL:ZETRIX) as the Road Transport Department's (JPJ) collection agents 11am Monday (Oct 5) morning.</p>


Loke to address MyEG and Zetrix AI suspension as JPJ agents Monday

<p>Opec+ has agreed in principle to keep oil production targets steady for November, three sources close to the matter said ahead of the group's meeting on Sunday.</p>


Opec+ agrees in principle to keep November oil output targets steady — Reuters

<p>Sunway Construction Group Bhd (KL:SUNCON) garnered yet another recognition at The Edge Billion Club (BRC) Awards this year. But what makes this year’s achievement special is that it took home the grand award — Company of the Year — recognising its strong performance not only financially, but also in corporate responsibility.</p>


<p><em>The Edge</em> Billion Ringgit Club (BRC) Awards 2026 brought together Corporate Malaysia’s leaders and top-performing companies on Sept 23 for an evening of celebration and recognition.</p>


<p>Sunway Construction Group Bhd (KL:SUNCON) winning the grand award — Company of the Year — at The Edge Billion Ringgit Club (BRC) Awards 2026 marks another milestone for the construction arm of Sunway Bhd (KL:SUNWAY), as the group continues to strengthen its position in an increasingly competitive industry.</p>


<p>Spritzer Bhd’s (KL:SPRITZER) debut at The Edge Billion Ringgit Club (BRC) has been a rewarding one. The bottled water producer clinched its first award for Highest returns to shareholders over three years in the consumer products &amp; services sector after its adjusted share price more than tripled during the award assessment period.</p>


Making a splash with a maiden win 

<p>KSL Holdings Bhd (KL:KSL), one of Johor’s most established property developers, has quietly become one of the more compelling growth stories on Bursa Malaysia — driven by both favourable regional tailwinds and a second generation of family leadership stepping confidently into senior management.</p>


Second generation takes the lead

<p>Eastern &amp; Oriental Bhd (KL:E&amp;O) is on course to hit fresh record earnings this financial year ending March 31, 2027 (FY2027). The premier lifestyle property developer started the year on a strong note, driven by higher revenue recognition and sustained sales momentum despite rising raw material costs.</p>


Looking beyond homes as healthcare adds to growth run

<p>Riding a commodity boom is one thing, but creating lasting value throughout the cycle is another. United Plantations Bhd (UP) (KL:UTDPLT) — one of Malaysia’s larger plantation groups — has consistently delivered this while outperforming its peers.</p>


Creating value throughout the cycle

<p>Diversified conglomerate YTL Corp Bhd (KL:YTL) has pursued an aggressive expansion strategy in recent years across power, water, data centres and cement — moves that have put the group firmly back on investors’ radar, with the results to show for it.</p>


A sterling earnings growth performance

<p>KLCCP Stapled Group (KL:KLCC) — Malaysia’s largest real estate investment trust (REIT) and custodian of the PETRONAS Twin Towers, Menara ExxonMobil, Menara 3 PETRONAS, Suria KLCC and Mandarin Oriental Kuala Lumpur — has just wrapped up another year of record financial performance.</p>


Staying robust on tourism push

<p>Petroliam Nasional Bhd (PETRONAS), the only Malaysian company listed on the Fortune Global 500, took centre stage at the height of the fuel supply crisis in early 2026, when it was tasked with helping to coordinate and secure the country’s fuel supplies, going beyond its normal business activities amid disruptions in West Asia.</p>


<p>While Hume Cement Industries Bhd’s (KL:HUMEIND) entry into Malaysia’s cement industry in 2012 may have appeared well timed to capitalise on the country’s construction boom, the subsequent downturn proved far more challenging than expected.</p>


Emerging from the industry shake-up with record profits

<p>Maxis Bhd (KL:MAXIS) takes home The Edge Billion Ringgit Club (BRC) corporate award for highest return on equity (ROE) over three years this year — ending a five-year drought from the winners’ list.</p>
