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DBS acquires 300,000 units in Netlink for $252,000

Bryan Wu
Bryan Wu • 1 min read
DBS acquires 300,000 units in Netlink for $252,000
With the additional units, Temasek's deemed interest in Netlink through Singtel and DBS Bank stands at 26.0%.
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DBS Bank has acquired 300,000 units in Netlink NBN Trust CJLU -

for $252,000 or 84 cents per unit.

The units were bought via the market on Feb 29, bringing DBS’s interest in Netlink to 1.215%.

With the additional units, Temasek Holdings' deemed interest in Netlink through Singtel and DBS Bank stands at 26.0%.

Units in Netlink closed 0.5 cents higher or 0.59% up at 85 cents on March 7.

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