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Temasek portfolio company disposes of CICT units worth $4.1 mil

Jovi Ho
Jovi Ho • 1 min read
Temasek portfolio company disposes of CICT units worth $4.1 mil
Photo: CapitaLand Integrated Commercial Trust
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Fullerton Fund Management Company, an independently-managed portfolio company of Temasek Holdings, has disposed of some $4.1 million worth of units in CapitaLand Integrated Commercial Trust (CICT) .

According to a bourse filing on June 7, Fullerton had disposed of 2,077,600 CICT units worth $4,134,631.76 on June 1.

Temasek says it does not have any direct interest in the units although it is deemed interested in CICT’s units through CLA Real Estate Holdings Pte. Ltd., DBS Group Holdings Ltd , Fullerton Fund Management Company and Keppel Corporation Limited .

Immediately after the transaction, Temasek had a deemed interest of 1,594,635,940 CICT units, or 23.97% of the total number of voting units, down from 24.0% before the transaction.

Temasek’s deemed interest through CLA Real Estate is 23.04324%, while Temasek’s deemed interest through Fullerton is 0.68289%.

Units in CapitaLand Integrated Commercial Trust closed 1 cent higher, or 0.51% up, at $1.97 on June 7.

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