Just a day after Temasek, via a subsidiary entity Venezio, increased its stake in Nanofilm to 6.04% from 5.93%, its stake has decreased to 5.80%, after another entity has decided to pare down its stake. 

See: Temasek's deemed interest in Nanofilm up to 6.04% from 5.93% following open market buying at $3.99 each

On Aug 26, Fullerton Fund Management Company, a fund manager that's a separately-run subsidiary of Temasek, has pared down its stake in Nanofilm to just 0.093%. It disposed of about 1.48 million shares for a consideration of $5.89 million via market transaction.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook