Stake changes: SATS and Temasek

SATS Gateway Services bus at Changi AirportSATS Gateway Services bus at Changi Airport

Singapore state-owned investment company Temasek Holdings reported Wednesday its deemed interest in SATS declined to 40.97 percent from 41.03 percent.

That was after subsidiary Fullerton, acting as an investment manager, disposed of 685,700 shares in the market for S$2.93 million, according to a filing to SGX.