Malaysia: EPF active on Bursa; Aberdeen cuts stake in AEON; Kenanga-Inter-Pacific Securities talks

Malaysia: EPF active on Bursa; Aberdeen cuts stake in AEON; Kenanga-Inter-Pacific Securities talks

Employees Provident Fund

Malaysian pension fund Employees’ Provident Fund (EPF) has reported increased activity on Bursa Malaysia on Monday while United Kingdom’s Aberdeen Asset Management Plc has ceased to be the substantial shareholder of AEON Credit Service (M) Bhd. Having received the green light from Malaysia’s central bank, Kenanga Investment Bank Bhd will now commence negotiations to acquire Inter-Pacific Securities Sdn Bhd.

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