BlackRock has become a substantial shareholder of Singapore Exchange S68 (SGX) after buying 18,800 shares from the market. The shares were purchased on July 26 for $182,042.28 or $9.68 per share.
Following the purchase, BlackRock’s stake in SGX has risen to 5% from 4.99% previously. Any shareholder who has crossed the 5% stake threshold has to disclose its interest on SGX.
Shares in SGX closed 5 cents lower or 0.51% down at $9.67 on July 30.
