Stake changes: Ascendas India Trust

Ascendas India Trust acquired Building Q1 at Aurum Q Parc at Navi Mumbai in November 2021. Credit: Ascendas India TrustAscendas India Trust acquired Building Q1 at Aurum Q Parc at Navi Mumbai in November 2021. Credit: Ascendas India Trust

Singapore substantial shareholder changes: Ascendas India Trust.

Ascendas India Trust

Matthews International Funds ceased to be a substantial unitholder of Ascendas India Trust, with its deemed interest falling to 4.98 percent from 5.03 percent after the disposal of 651,500 units for S$794,830 in a market transaction on 21 March, according to a filing to SGX Tuesday. 

Matthews International Capital Management is the investment advisor for Matthews International Funds.