| Temasek Holdings (Pte) Ltd, through Singapore Aerospace Manufacturing Private Ltd (SAM Singapore) and SAM Singapore’s unit Singapore Precision Engineering Ltd (SPE), has boosted its shareholding in SAM Engineering & Equipment Bhd from 56.46% to 70.14% by converting irredeemable convertible unsecured loan stocks (Iculs).
SAM Engineering, which makes parts for the aerospace and equipment industries, told Bursa Malaysia on Tuesday that SAM Singapore converted 83.025 million Iculs into 39.536 million SAM Engineering shares last Wednesday (May 25). SAM Singapore is wholly owned by Accuron Technologies Ltd, which in turn is a unit of Temasek...............................................Full Article: Source
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