Photo: ComfortDelGro
Asset manager Pyrford International has ceased to be a substantial shareholder at ComfortDelGro (CDG).
Pyrford, on May 29, 2020, became a substantial shareholder of the group, when it bought over 6.68 million shares from the market at a total cost of slightly over $10 million on
See: New substantial shareholder Pyrford International emerges at ComfortDelGro
Pyrford, in a May 21 filing, sold 81,800 CDG shares to the market on May 20 for a total of $133,669.38, or $1.6341 per share.
Following the sale, Pyrford now holds 108.3 million shares – or 4.998% – in CDG, from the 108.4 million shares representing a 5.002% stake held previously.
Shares in CDG closed 2 cents higher or 1.2% up at $1.65 on May 24.