Massachusetts Financial Services Financial Company (MFS) has become a substantial shareholder of CapitaLand India Trust (CLINT) yet again after purchasing 348,100 units at around $1.12 apiece on Dec 23.
MFS, on Dec 20, sold 883,700 units in the REIT via the market at $1.13 each.
This time, the purchase via the market brought MFS's stake up to 5.02%, or around 58.3 million units.
Separately, DBS Group Holdings disposed of 1 million units in CapitaLand Ascott Trust (CLAS) for a total of $1.051 million or at $1.051 per unit via the market on Dec 22.
The sale brought DBS’s stake in CLAS to 37.97% or around 1.308 billion units, down from its previous 38% stake, or 1.309 billion units.
Units in CLINT and CLAS closed at $1.12 and $1.02 respectively.