KUALA LUMPUR (March 6): The Employees Provident Fund (EPF) has emerged as a substantial shareholder of ITMAX System Bhd (KL:ITMAX), following its latest acquisition of shares in the smart city integrated systems and solutions provider. The latest purchase bumped the fund’s total stake in ITMAX to 5.005%, representing 51.84 million shares. ITMAX’s largest shareholder is Tan Sri Tan Boon Hock, who controls 48.413% via Sena Holdings Sdn Bhd. His son, ITMAX managing director and CEO William Tan Wei Lun, is also deemed a substantial shareholder via Sena. For the financial year ended Dec 31, 2025 (FY2025), ITMAX saw its net profit rise 16.4% year-on-year to RM93.54 million, as revenue grew 12.1% to RM246.97 million.

Source: The Edge Markets March 06, 2026 12:15 UTC