Epf has at one time holding up to 5.6%, close to 459m shares. They should be long term and lend 40m shares to shorties to earn extra interest of SBL (hence ceased to be substantial shareholder ) they still hold 350m shares to earn dividend. Net net EPF didnot sell the 40m shares as shorties later hv to return the shares (buy back from market). They should signed an agreement to borrow the shares from EPF for a certain period of time.

Max short actually is limited to 4% of total shares (above is position on 8 Jan). Now shorties see big paper loss if they still holding short position

Net short position on 11 Jan

Shorties still not cover back their short position by buying back (up to 11 Jan data).

Got wear glove for Indonesia Jokowi

Updated 21 Jan

Data show shorties simple average price for supermx is about 5.78, topglove is 5.78, with current market price, they suffer more than 10% paper loss. For shorties to profit, they hv to buy back at lower price than their average shorted price.

If they cannot afford see further paper loss and continuously pay interest for their borrowed shares, they hv to cover back their short position by buying back at higher current price .

Coronavirus: Japan death toll tops 5,000; Malaysia cases hit new daily high | South China Morning Post
https://www.scmp.com/news/asia/east-asia/article/3118975/coronavirus-japan-death-toll-tops-5000-malaysia-cases-hit-new

Pay dividend 9.65c vs last year corresponding qtr 1.8c dividend