Temasek subsidiary reduces stake in Nanofilm at $4.34 per share

The shares were disposed of by an investment fund managed by a subsidiary of SeaTown on Aug 18.

With that, Temasek's deemed interest in the company, via its various entities, has been trimmed from 6.04% to 5.98%.

The disposal took place on the same day that the Capital Group Companies, another substantial shareholder of the group, cut their stake in the group.

Shares in Nanofilm closed 15 cents higher or 3.76% up at $4.14 on Aug 23.

Photo: Albert Chua/The Edge Singapore