MVN Asset Management looks to have reversed its decision to reduce its stake in Norwegian shipbuilder Vard Holdings.
The UK-based hedge fund has just bought just under 2.8m new shares at SGD 0.245 (17.5 US cents) each, according to a regulatory filing.
The SGD 686,000 investment lifts its holdings in the Singapore-listed shipbuilder to 69.9m shares, or a stake of just over 5.9%.
Last
