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Venture Corp’s substantial shareholder ups stake to 7.07%

Felicia Tan
Felicia Tan • 1 min read
Venture Corp’s substantial shareholder ups stake to 7.07%
Silchester, on Aug 13, bought 243,700 shares from the market for a total of $3.4 million or $13.897 per share. Photo: Venture Corp
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UK-based fund manager Silchester International Investors has upped its stake in Venture Corporationto 7.07% from 6.99% previously.

Silchester, on Aug 13, bought 243,700 shares from the market for a total of $3.4 million or $13.897 per share.

On July 4, Silchester bought another 480,000 shares from the market for $6.8 million or $14.194 per share.

The fund manager is also the substantial shareholder of ComfortDelGro. It increased its stake in the transport operator to 8.01% on Aug 6 when it bought 2.35 million shares for $3.23 million or $1.377 per share.  

Shares in Venture Corp closed 5 cents higher or 0.36% up at $14.04 on Aug 15.

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