DBS Bank offloads 64,700 shares in Hutchison Port Holdings Trust

Its stake after divestment stood at 0.809%.

DBS Bank divested 64,700 units held in Hutchison Port Holdings Trust through a market transaction.

In a bourse filing, the business trust said DBS Bank received US$9,769.70 from the sale of its shares.

Post-divestment, DBS Bank's direct stake in the company stood at 0.809%.

DBS Bank is a wholly-owned subsidiary of DBS Group Holdings (DBSH), where Temasek holds more than 20% interest.

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