Stake changes: Jardine Matheson, Mapletree North Asia, APTT, QT Vascular

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Singapore substantial shareholder changes: Mapletree North Asia Commercial Trust, Jardine Matheson Holdings, Asian Pay Television Trust (APTT) and QT Vascular.

Mapletree North Asia Commercial Trust

Chiang Sui Fook Lilian, who was appointed as an independent non-executive director of Mapletree North Asia Commercial Trust earlier this month, reported Wednesday she has a deemed interest in 49,000 units of the trust, or a 0.001 percent stake, via a nominee bank.

Jardine Matheson Holdings

Honor Violet Weatherall, a person closely associated with Director E P K Weatherall, has disposed of 12,100 shares of Jardine Matheson Holdings for US$55.3943 each on SGX on 22 December, according to a filing to SGX Wednesday.

Jardine Matheson is a holding company operating mainly in China and Southeast Asia, with businesses including motor vehicles, property investment and development, luxury hotels, food retailing, heavy equipment and agribusiness. Jardine Strategic owns 50.4 percent of Hongkong Land and 59.2 percent of Jardine Matheson.

Asian Pay Television Trust

Araedis Investment has acquired 453,500 units of Asian Pay Television Trust (APTT) at S$0.133 each in a market transaction on 20 December, boosting Dai Yung Huei’s deemed interest to 17.618 percent from 17.592 percent previously, according to a filing to SGX Wednesday.

On the same day, Araedis Investment acquired 800,000 units in the market at S$0.134 each, increasing Dai’s deemed interest to 17.662 percent, the filing said.

In a separate transaction on 21 December, Araedis Investment acquired 402,000 units at S$0.133 each, taking Dai’s deemed interest to 17.684 percent, the filing said.

Also on 21 December, Araedis Investment acquired 230,900 units at S$0.134 each, taking Dai’s deemed interest to 17.697 percent, the filing said.

Araedis Investment is wholly owned by Araedis International Development Co. (AIDC), which is in turn wholly owned by Araedis Global Investment Holdings (AGIH), the filing said. Araedis Investment Co. (AIC) holdings 15.82 percent of AGIH.

Wang Hsueh-Mei, who is married to Dai Yung Huei, is a director of AIC and holds 95 percent of its voting rights, while Dai holds the remainder. As a result, Dai is deemed interested in AIP’s holding in APTT, the filing said.

Dai is the founder of Dafeng TV, which is listed in Taiwan, and an indirect stakeholder in APTT’s manager. Dai is a non-independent, non-executive director of the trust’s manager.

QT Vascular

Mission Well sold 110 million QT Vascular shares in the market for S$550,000, taking its holding to 6.04 percent from 10.33 percent previously, according to a filing to SGX Wednesday.

 

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