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Fullerton Fund Management buys 330,300 shares in SATS, deemed interest increased to 40.01%

Nicole Lim
Nicole Lim • 1 min read
Fullerton Fund Management buys 330,300 shares in SATS, deemed interest increased to 40.01%
Fullerton on Jan 12 paid $1,261,911.15 for the shares purchased. Photo: SATS
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Fullerton Fund Management has increased its stake in SATS Ltd by purchasing 330,300 shares via market transaction on Jan 12.

Fullerton paid $1,261,911.15 for the shares purchased, thereby increasing its deemed interest in SATS from 39.99% to 40.01%.

Fullerton is an independently managed Temasek Holdings portfolio company.

Shares in SATS closed 5 cents lower or 1.282% down at $3.85 on Jan 16.

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