EPF emerges as substantial shareholder of Aurelius Technologies


PETALING JAYA: The Employees Provident Fund (EPF) has emerged as a substantial shareholder in the electronic manufacturing services company, Aurelius Technologies Bhd.

In a filing with Bursa Malaysia, Aurelius said the EPF had become a substantial shareholder on June 19, 2024, with a total number of securities equivalent to 34.11 million or 7.869%.

Aurelius’ share price has risen more than 40% year-to-date and more than 60% over the past 12 months.

For its first quarter ended March 31, 2024, Aurelius reported a net profit of RM15.73mil, on revenue of RM125.70mil.

In a filing on its latest financial results, Aurelius said it will continue to remain prudent and cautiously optimistic in navigating through the unpredictable global market.

The company said it will strive to continue to selectively invest in technology infrastructure to further diversify and enhance its Internet of Things and automotive manufacturing capabilities.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Aurelius Technologies , EPF ,

   

Next In Business News

Oil eases on weak US fuel demand, profit-taking
Boston office slump sets up US$400mil burden for residents
Investor confidence returns to US IPOs
The e-invoicing dilemma
International reserves at US$113.6bil
AmBank aiming big in hire-purchase segment
G3 Global’s third cash call raises eyebrows
Sik Cheong seeking ACE Market listing
Supporting the shift to a cashless society
Anwar: GDP growth to hit official 4% to 5% target

Others Also Read