<div class=newsTextDataWrapInner><p><em>This article has been updated for accuracy</em></p></div>

<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 2): The Employees Provident Fund (EPF) has emerged as a substantial shareholder in Eco-Shop Marketing Bhd (KL:<a href="/askedge/klse/5337" class="ce-stock" target="_blank">ECOSHOP</a>) after raising its stake in the fixed-price retailer to above 5%.</p></div>

<div class=newsTextDataWrapInner><p>The pension fund bought an additional 8.68 million shares, or about 0.15% of the group’s stake, raising its holding to 5.14%, or 296.16 million shares, according to Eco-Shop's filing with Bursa Malaysia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>This makes the EPF the second-largest shareholder in Eco-Shop, behind founder and managing director Datuk Seri Lee Kar Whatt, who holds a 73.81% direct and 3.104% indirect stake<em>.</em></p></div>

<div class=newsTextDataWrapInner><p>Eco-Shop’s net profit for the quarter ending May 31, 2026 (4QFY2026) climbed 44.91% to RM72.63 million — its highest-ever quarterly net profit — from RM50.12 million a year earlier. Quarterly revenue also hit a record high of RM772.89 million — up 12.18% year-on-year — supported by improved margins and continued store expansion.</p></div>

<div class=newsTextDataWrapInner><p>For FY2026, net profit rose 29% to RM264.57 million from RM205.03 million a year ago, while revenue grew 4.6% to RM2.92 billion from RM2.79 billion.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Eco-Shop closed unchanged at RM1.45 on Wednesday, giving the group a market capitalisation of RM8.35 billion.</p></div>


The Employees Provident Fund (EPF) has emerged as a substantial shareholder in Eco-Shop Marketing Bhd (KL:ECOSHOP) after raising its stake in the fixed-price retailer to above 5%.

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<p>Anthropic PBC has presented its own draft bill to US lawmakers with a plan for regulating artificial intelligence (AI) safety and security, in a moment of heightened concern about the potential risks of the rapidly advancing technology. &nbsp;</p>


<p>IMF chief Kristalina Georgieva said on Saturday that regulators and supervisors must be alert to risks from non-bank institutions, cyberattacks and fraud.</p>


<p>Former natural resources and environmental sustainability minister Nik Nazmi Nik Ahmad will be barred from all official activities of Parti Bersama Malaysia (Bersama) for three months from Oct 20 to Jan 19, 2027.</p>


<p>Parti Keadilan Rakyat (PKR) will field a mix of seasoned and experienced candidates, young people and women from various ethnic groups in the 16th Melaka state election on Nov 14.</p>


<p>US President Donald Trump waived massive tariffs linked to Russian energy exports mandated in a law that he signed last month, as the measures complicated his push to lower diesel prices ahead of the US midterm elections.</p>
