Schroders turns substantial shareholder of Venture Corp
Published Fri, Dec 8, 2017 · 10:24 AM
FUND manager Schroders has been named as a substantial shareholder of Venture Corporation, as acquisitions on Dec 6 took the total deemed interest to 5 per cent from 4.99 per cent previously.
Venture, which assembles complex printed circuit boards, recorded a net profit that more than doubled to S$111.4 million in the third quarter. Its shares closed at S$20.26, up 50 Singapore cents on Friday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results