BlackRock becomes substantial shareholder of SGX after buying 18,800 shares from the market

Shares in SGX closed 5 cents lower or 0.51% down at $9.67 on July 30.

BlackRock has become a substantial shareholder of Singapore Exchange S68 (SGX) after buying 18,800 shares from the market. The shares were purchased on July 26 for $182,042.28 or $9.68 per share.

Following the purchase, BlackRock’s stake in SGX has risen to 5% from 4.99% previously. Any shareholder who has crossed the 5% stake threshold has to disclose its interest on SGX.

Shares in SGX closed 5 cents lower or 0.51% down at $9.67 on July 30.

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