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DBS acquires 250,000 shares in SingPost for $110,000

Nicole Lim
Nicole Lim • 1 min read
DBS acquires 250,000 shares in SingPost for $110,000
This brings the bank’s stake in SingPost to 0.062%, and Temasek’s deemed interest through DBS and Singtel to 22%.
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DBS Bank acquired 250,000 shares in Singapore Post (SingPost) on Sept 16 through securities via market transactions, according to a bourse filing on Sept 17.

The bank paid $110,000 for the shares, bringing its stake in the company to 0.062% of shares.

This brings Temasek’s deemed interest in shares through DBS Bank and Singtel in SingPost to 22%.

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