GIC Private Limited Raises Stake in SG Micro with HK$14.21 Million Share Purchase
Stock News
Yesterday
Hong Kong Exchange disclosures reveal that on August 19, GIC Private Limited increased its holdings in SG Micro (03661) by 153,300 shares, at an average price of HK$92.7159 per share, totaling approximately HK$14.21 million.
Following this transaction, GIC's latest share count stands at roughly 7.5134 million shares, representing a 12.10% ownership stake in the company.
This strategic move underscores GIC's continued confidence in SG Micro's growth prospects within the semiconductor sector, as the fund manager expands its position in the Hong Kong-listed entity.
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