Following the share sale, BlackRock’s total stake in Venture is now at 4.89% – or 14.2 million shares – down from its previous stake of 5.11%.
Investment management and financial services provider BlackRock is no longer a substantial shareholder of Venture Corporation (SGX:V03
) after selling 635,111 shares via the open market on Aug 31.
The shares netted BlackRock a total consideration of $8.3 million or $13.11 per share.
