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Fullerton acquires 116.9 million Seatrium shares at 14 cents each

The Edge Singapore
The Edge Singapore • 1 min read
Fullerton acquires 116.9 million Seatrium shares at 14 cents each
Fullerton, a fund management firm under Temasek Holdings, paid around 14 cents each
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Fullerton Fund Management has paid $16.45 million for nearly 116.9 million Seatrium shares on Aug 24, according to a filing on Aug 30. This works out to just above 14 cents per share.

Fullerton is an independently managed fund managment firm that's under Temasek Holdings, the controlling shareholder of Seatrium.

Temasek, via its various other linked entities, such as Keppel Corp, now holds a total deemed interest of 25.97 billion Seatrium shares, equivalent to 38.07%.

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