COLOMBO – Sri Lanka’s private sector worker fund, the Employees’ Provident Fund (EPF) has increased its shareholding in Tokyo Cement Company (Lanka) PLC, to 10% of both the company’s issued voting and non-voting shares through a series of market transactions, according to a market filing.
The fund, a forced saving scheme of private sector workers, covers over 2.5 million members and has assets exceeding 4.9 trillion rupees.
The EPF held 6,207,876 non-voting shares, representing 4.22% of the total issued non-voting shares of the company as at 31 December 2025.
This shareholding increased to 14,7001,500 non-voting shares, representing 10% of the total issued non-voting shares, as at 31 March 2026.
In addition, the EPF held 22,879,611 voting shares, representing 7.78% of the total issued voting shares of the company as at 31 March 2026.
The shareholding subsequently increased to 29,403,000 voting shares, representing 10% of the total issued voting shares, as at 30 June 2026.
“Accordingly, the Employees’ Provident Fund (EPF) has attained a shareholding threshold in both the voting and non-voting shares of the Company,” Tokyo Cement said.
The EPF is the country’s largest state-managed pension fund, holding private sector worker savings managed under the purview of the Central Bank.
The EPF also increased its shareholding in another construction sector firm A C L Cables PLC to 10% of its issued share capital.
–economynext.com
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