Mondrian Investment Partners is no longer a substantial shareholder of the supermarket chain operator Sheng Siong Group. On May 5, the London-based asset manager sold just over 2.53 million shares on the open market for $3.97 million, or an average of $1.57 per share. With that, Mondrian is left with around 72.93 million shares, or 4.85%, down from 5.02% previously although it remains the second-largest shareholder.

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