TigerNews SG11:55
Fullerton Fund Management has bolstered its position in SATS Ltd, acquiring 330,300 shares through a market transaction on January 12.
The purchase, amounting to $1,261,911.15, elevated Fullerton's deemed interest in the company from 39.99% to 40.01%.
Fullerton operates as an independently managed portfolio company under Temasek Holdings.
On January 16, SATS shares concluded trading at $3.85, marking a decline of 5 cents or 1.282%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
