This brings Amova's total stake in the REIT to more than 68.69 million units, equivalent to 5.029%, up from 4.958% previously.
Amova Asset Management, one of the cornerstone investors in UI Boustead REIT, has averaged down its stake by acquiring more units on the trading debut.
According to an SGX filing on March 17, Amova acquired 966,400 units at $787,229.44, or an average of 81.46 cents.
