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  1. Singapore govt, 2 others buy PNB Housing Fin shares worth ₹178 crore

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Singapore govt, 2 others buy PNB Housing Fin shares worth ₹178 crore

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1 min read | Updated on September 13, 2024, 15:35 IST

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SUMMARY

The Singapore government bought 13.16 lakh shares, the Monetary Authority of Singapore purchased 2.13 lakh scrips, and Goldman Sachs (Singapore) picked up 92,000 units of PNB Housing Finance, as per the block deal available on NSE.

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After the share sale, Asia Opportunities V (Mauritius) shareholding in PNB Housing Finance has come down to 4.57% from 5.19%

After the share sale, Asia Opportunities V (Mauritius) shareholding in PNB Housing Finance has come down to 4.57% from 5.19%

The Singapore government, the Monetary Authority of Singapore and Goldman Sachs on Thursday increased their stakes in PNB Housing Finance for ₹178 crore through open market transactions.

According to the block deal data available on the NSE, the Singapore government bought 13.16 lakh shares, the Monetary Authority of Singapore purchased 2.13 lakh scrips, and Goldman Sachs (Singapore) picked up 92,000 units of PNB Housing Finance.

The shares were acquired at an average price of ₹1,097.30 apiece, taking the deal value to ₹178 crore.

Meanwhile, a foreign portfolio investor, Asia Opportunities V (Mauritius) sold 16.22 lakh shares or 0.62% stake in PNB Housing Finance at the same price, as per the National Stock Exchange (NSE) data.

After the share sale, Asia Opportunities V (Mauritius) shareholding in PNB Housing Finance has come down to 4.57% from 5.19%.

Last month, Asia Opportunities V (Mauritius) offloaded a 3% stake in PNB Housing Finance for over ₹676 crore.

Uplearn

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