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KUALA LUMPUR: The Employees Provident Fund (EPF) Board has been accumulating shares of Top Glove Corporation Bhd
in recent days, increasing its shareholding to 5.26%, filings to Bursa Malaysia show.
The filings released on Friday showed the EPF emerged as a substantial shareholder after purchasing two million shares on April 28 which raised its stake to 5.10% or 63.96 million shares.
On April 29, it bought two million shares while on May 3, it purchased one million shares.
The recent purchases raised its direct shareholding in the glove maker to 5.26% or 65.96 million shares.
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