Temasek’s Fullerton disposes of 1,210,800 shares in ST Engineering for $5.6 mil
Following the disposal, Fullerton’s stake in ST Engineering now stands at 0.171%.
Fullerton, an investment manager that is an indirect subsidiary of Temasek Holdings, has disposed of 1,210,800 shares in Singapore Technologies Engineering S63 (ST Engineering) to the open market.
The disposal, which was conducted on Oct 3, netted the group $5.6 million, or $4.66 per share.
Following the disposal, Fullerton’s stake in ST Engineering now stands at 0.171%.
ST Engineering reported earnings of $336.5 million for 1HFY2024 ended June, a 20% y-o-y increase from the same period last year.
Shares in ST Engineering closed 4 cents higher, or up 0.86%, at $4.71 on Oct 9.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10