DBS Bank buys 250,000 SingPost shares for $110,000
This increases its stake in the company to 0.062%.
DBS Bank has acquired 250,000 shares in Singapore Post (SingPost) through market transactions, according to a bourse filing.
The bank paid $110,000 for the shares, raising its stake in the company to 0.062%.
The purchase lifted Temasek Holdings’ deemed interest in SingPost, through DBS Bank and Singapore Telecommunications, from 21.99% to 22%.