DBS Bank has acquired 300,000 units in Netlink NBN Trust CJLU for $252,000 or 84 cents per unit.
The units were bought via the market on Feb 29, bringing DBS’s interest in Netlink to 1.215%.
With the additional units, Temasek Holdings' deemed interest in Netlink through Singtel and DBS Bank stands at 26.0%.
Units in Netlink closed 0.5 cents higher or 0.59% up at 85 cents on March 7.
