Thursday 17 Sep 2026
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This article first appeared in Capital, The Edge Malaysia Weekly on June 15, 2026 - June 21, 2026

Notable filings

In the holiday-shortened first week of June, key filings on shareholding changes among Bursa Malaysia-listed companies included those by UWC Bhd (KL:UWC), which saw the Employees Provident Fund (EPF) cease being a substantial shareholder.

The EPF, which had been actively trading UWC shares in recent months, was a net seller of 2.01 million shares on May 28, reducing its stake to 4.9%, or 54.09 million shares.

It is now the fourth-largest shareholder of UWC, after its co-founders Datuk Lau Chee Kheong (20.33%) and Datuk Seri Ng Chai Eng (27.09%), as well as Aberdeen Group PLC (5.14%).

As at last Wednesday (June 10), the precision engineering group that serves the semiconductor industry, among others, had gained a solid 185.2% over the last 12 months to close at RM5.39, for a market value of RM5.95 billion.

At Auro Holding Bhd (KL:AURO), Wu Wai Kong ceased to be a substantial shareholder of the timber-related company after disposing of 7.94 million shares through a direct business transaction. It is not immediately known who bought his shares.

Chairman Datuk Tan Lik Houe, who is the biggest shareholder, has been steadily accumulating Auro shares on the open market since May. He acquired 8.4 million shares on June 3 and 4.68 million shares on June 8, raising his stake in the Main Market-listed company to 15.36% (or 97.79 million shares), from 11.37% as at May 7. The stock closed at 13.5 sen last Wednesday, for a market capitalisation of RM85.9 million.

Meanwhile, Gopeng Bhd (KL:GOPENG) non-executive director, Datuk Mohamad Tahiruddin Mohd Tahir, who retired on May 26, ceased to be a substantial shareholder of the oil palm cultivation company after selling five million shares on May 29. He now holds a 4.54% stake (18.32 million shares), from 5.78% before. Mohamad Tahiruddin, 83, had been a company director since October 1988.

Gopeng recently reported a slightly wider net loss of RM2.16 million for the first quarter ended March 31, 2026, compared with RM2.06 million in the same period a year earlier, despite a 3.7% increase in revenue to RM8.56 million.

At Bina Puri Holdings Bhd (KL:BPURI), its group executive director Datuk Matthew Tee Kai Woon sold 11.57 million shares on June 3 for a total of RM3.41 million and a further 548,000 shares the next day for RM161,660, leaving him with a 6.41% stake, or 57.47 million shares.

He is the builder’s second-largest shareholder after group CEO Kevin Chai Chan Tong, who has a 16.78% stake. The stock closed at 29.5 sen last Wednesday for a market capitalisation of RM263.42 million.

Bina Puri, which recently changed its financial year end from Dec 31 to May 31 to facilitate the company’s operational review and corporate restructuring, reported a net loss of RM9.38 million for the three-month period ended March 31, 2026, on revenue of RM35.2 million.

Notable movements

Johor Plantations Group Bhd’s (KL:JPG) second-largest shareholder, the EPF, has been accumulating the company’s shares in recent weeks, raising its stake to 9.37% as at June 5, from 9.15% a month earlier. Mid last month, the oil palm plantation group announced a 33.7% drop in its first-quarter net profit and declared an interim dividend of one sen per share, payable on June 12.

Johor Plantations’ shares fell by 3.6% in the week after announcing its financial results, then climbed 5.6% to close at RM1.71 on last Wednesday, for a market value of RM4.28 billion.

Its third-largest shareholder The Retirement Fund (Incorporated), or KWAP, has also raised its stake, to 4.16% as at June 10 from 3.91% on May 11. Its indirect stake over that period increased to 2.19% from 1.93%.

Johor Plantations’ net profit came in at RM50.35 million for the quarter ended March 31, 2026 — its lowest quarterly profit since being listed in July 2024 — compared with RM75.93 million in the same period a year earlier, dragged by lower average selling prices of crude palm and palm kernel. Revenue, however, rose by 4.8% to RM356.7 million.

Meanwhile, Econpile Holdings Bhd (KL:ECONBHD), whose share price has shed 40.9% year to date, saw the EPF cease to be a substantial shareholder after it disposed of two million shares on May 28. However, the provident fund remains the construction firm’s third-largest shareholder, with a 4.97% stake.

Econpile recently reported a net profit of RM448,000 for the third quarter of its financial year ending June 30, 2026, turning around from a net loss of RM202,000 in the same quarter a year earlier. This was on the back of a 48.6% increase in revenue to RM89.6 million. For the nine months to date, net profit rose to RM3.55 million, compared with just RM108,000 in the same period last year. The stock closed at 13 sen last Wednesday for a market cap of RM184.3 million.

 

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