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Temasek increases stake in AEM Holdings with open market buying of 1.42 mil shares at around $4 each

The Edge Singapore
The Edge Singapore3/9/2022 08:30 PM GMT+08  • 1 min read
Temasek increases stake in AEM Holdings with open market buying of 1.42 mil shares at around $4 each
Temasek become AEM's largest shareholder last September following a placement of new shares at $3.8477
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Temasek Holdings, AEM Holding’s largest shareholder, has increased its stake after an indirect subsidiary bought more shares in the market.

As indicated via an SGX filing on March 9, Temasek’s indirect subsidiary Venezio Investments, paid $5,647,480.02 for 1,416,900 shares. That works out to an average of $3.9858 each.

With that Venezio has increased the number of AEM shares held to 30,998,500, or 10.02%, from 9.56%.

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