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Temasek's deemed interest in Nanofilm up to 6.04% from 5.93% following open market buying at $3.99 each

The Edge Singapore
The Edge Singapore8/25/2021 8:16 PM GMT+08  • 2 min read
Temasek's deemed interest in Nanofilm up to 6.04% from 5.93% following open market buying at $3.99 each
From a recent low of $3.82 on Aug 17, Nanofilm shares closed at $4.41 on Aug 25
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Temasek’s total deemed interest in Nanofilm Technologies International has increased from 5.93% to 6.04% following open market buying by a subsidiary entity.

On Aug 24, Venezio, the subsidiary, paid near $3.05 million for 764,100 shares, which works out to an average of $3.99 each.

This transaction took place around a week after SeaTown, a separate Temasek fund management entity on Aug 18 sold 450,000 Nanofilm shares at $4.3356, pocketing proceeds of $1.95 million.

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