Staff Reporter
,
Singapore
Photo from Shutterstock
It sold 29.477 million shares.
DBS Bank has reduced its stake in Hoe Leong Corporation, selling off 29.447 million shares.
The bank sold its shares for $0.002 per unit.
DBS Bank now only holds 752.7 million shares or a 4.99% stake in the company.
Before the acquisition, DBS Bank held 782.1 million units or a 5.18% stake in Hoe Leong.
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