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New substantial shareholder Pyrford International emerges at ComfortDelGro

The Edge Singapore
The Edge Singapore6/1/2020 05:42 PM GMT+08  • 1 min read
New substantial shareholder Pyrford International emerges at ComfortDelGro
Some analysts are starting to see limited downside as circuit breaker measures end
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SINGAPORE (June 1): Asset manager Pyrford International, part of BMO Global Asset Management, has emerged as a new substantial shareholder of ComfortDelGro Corporation.

In a May 29 filing, Pyrford has bought more than 6.68 million shares from the market, at a total cost of just over $10 million.

This brings its total stake in the company to 109.3 million shares, or 5.05%, thereby necessitating a disclosure of substantial shareholders’ interest. It previously held 4.74%.

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