Home Capital Insider moves

Temasek raises stake again in AEM; Tritech substantial shareholder Lee buys more shares

The Edge Singapore
The Edge Singapore4/20/2022 11:23 PM GMT+08  • 3 min read
Temasek raises stake again in AEM; Tritech substantial shareholder Lee buys more shares
AEM is "well-positioned for the next phase of business growth” / Photo: AEM Holdings
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Temasek Holdings, AEM Holdings’ largest shareholder, has been steadily adding its stake in the chip tester. The most recent transaction was on April 12, when Temasek, via a subsidiary called Venezio, paid $1.93 million for 403,100 shares. This works out to an average of $4.79 each.

With this transaction, Temasek’s stake in AEM has increased to nearly 37.4 million shares, equivalent to 12.08%, up from 11.95%. Prior to this, on April 7, Venezio paid $1.63 million for 344,100 shares, or $4.74 each. Earlier, on March 16, Venezio paid $1.99 million for 467,600 shares.

Temasek became AEM’s largest shareholder last August, after Venezio invested $103.1 million for 26.8 million new shares via a placement, or $3.8477 each. The placement gave Venezio a stake of 8.678% but Temasek has a couple of other fund management subsidiaries that own smaller pieces of AEM, giving Temasek a total deemed stake of 9.02% then.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now