Stake changes: Nanofilm, APTT, Green Build Tech, Medinex, SHS

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Singapore substantial shareholder changes: Nanofilm Technologies International, Asian Pay Television Trust (APTT), SHS Holdings, Green Build Technology and Medinex.

Nanofilm Technologies International

SMALLCAP World Fund ceased to be a substantial shareholder of Temasek-backed Nanofilm Technologies International after disposing of 922,900 shares in the market at an average S$3.51 each on 17 January, taking its interest to 4.91 percent form 5.05 percent previously, according to a filing to SGX Wednesday. 

Capital Research and Management Co. (CRMC) is the investment advisor to SMALLCAP World Fund, a mutual fund; The Capital Group Companies (CGC) is CRMC’s parent company. 

Asian Pay Television Trust

Araedis Investment has acquired 18,000 units of Asian Pay Television Trust (APTT) at S$0.137 each in a market transaction on 17 January, boosting Dai Yung Huei’s deemed interest to 18.065 percent from 18.064 percent previously, according to a filing to SGX Wednesday.

On 17 January, in a separate transaction, Araedis Investment acquired 836,300 units in the market at S$0.138 each, increasing Dai’s deemed interest to 18.111 percent, the filing said.

On 18 January, Araedis Investment acquired 200,000 units at S$0.138 each, taking Dai’s deemed interest to 18.122 percent, the filing said.

In a separate transaction on 18 January, Araedis Investment acquired 740,000 units at S$0.139 each, taking Dai’s deemed interest to 18.163 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 AIC’s holding in APTT, the filing said. 

Green Build Technology

Chan Man Ghoon, who was appointed as a director of Green Build Technology on Wednesday, declared that he holds 16.61 million shares of the company, or a 6.73 percent interest, according to a filing to SGX Wednesday. 

Chan, age 50, was appointed as executive director and chief financial officer, effective Wednesday; from 2014 through January 2022, he was Green Build Technology’s finance consultant, via Springboard Epic Capital Group, a separate filing to SGX said.

SHS Holdings

Teng Choon Kiat, the executive chairman of SHS Holdings, disposed of 1.3 million shares in the market at S$0.155 each for a total of S$201,500 on 18 January, taking his holding to 27.04 percent from 27.03 percent previously, according to a filing to SGX Wednesday.

On 19 January, Teng disposed of 1.25 million shares for S$0.155 each, or a total of S$193,750, taking his interest to 26.85 percent, the filing said.

Medinex

Tan Lee Meng, non-executive chairman of Medinex, acquired 416,300 shares of the company in the market on 18 January for S$93,668, according to a filing to SGX Wednesday. The shares are held in the name of BNP Paribas Nominees Singapore, the filing said. 

After the purchase, Tan’s interest increased to 9.24 percent from 8.92 percent previously, the filing said. 

 


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