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Temasek Holdings Raises Stake in ST Engineering to 51%

Singapore Business Review ·  Nov 22 10:32

Temasek bought 77,700 shares through DBS Bank via a market transaction.

Temasek Holdings bought 77,700 shares of ST Engineering through DBS Bank via market transaction for a total of $365.05k.

This increases Temasek's aggregate interest in ST Engineering from 50.99% to 51%.

Last month, Temasek's fully-owned subsidiary Fullerton sold 1,210,800 shares in ST Engineering for $5.65m.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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